Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
100% financing with no PMI vs. 5% down payment for first home.
I am new to the group and will be purchasing my first home. I am eligible to benefit from VA benefits with 100% financing and no PMI at 3.5% interest. I also have another option of 5% downpayment and 3% interest rate with PMI. Trying to determine which is better. Any thoughts.