01-11-2017, 09:15 AM
My recall on this is a little fuzzy, but, if you are stretching the budget to get into a house, which I assume includes most first time buyers in NoVA, avoiding the $100/mo PMI payment can get you into $20-30k more house. Over 30 years, that $100/mo really goes a long way. 2.8% with no PMI made things really easy for me. CHEAP MONEY++