Quote:
Originally Posted by Bearcat
Yeah, PMI is a ****ing scam and is a thing up to having 20% of the loan paid off... it may still make sense to throw $100-200 down the toilet for a while as opposed to rent, but that's one mental hurdle that's tough for me to get past because the whole concept is so ****ing stupid.
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Mine was $95/month on a ~$200k mortgage. However, due to the rapid appreciation I was able to refi only 3 years in to get rid of it, so I only paid ~$3500 due to it.