Madison MoneySports - Personal Finance Thread

[Sijray21]

Yeah, we paid PMI for a few years when we wouldn't have otherwise been able to get into a home. Down payment was only 5%, but since then the value of the home has gone up 39%. We refi'd 4 years later when our loan to value was enough to get out of PMI and opted to get out of escrow (paying taxes and insurance separately).