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Old 01-23-2012, 07:59 AM
 
38 posts, read 66,012 times
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Do you all think that it's a good idea if I can afford to pre pay the pmi? Would I miss any tax benefits?
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Old 01-23-2012, 09:00 AM
 
13,768 posts, read 38,191,933 times
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If I were you I would pay on the principle instead. Once you get the principle down to 80% you won't have to pay PMI.. IIRC
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Old 01-23-2012, 12:10 PM
 
Location: Philaburbia
41,959 posts, read 75,174,114 times
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Put that money toward your down payment and perhaps there will be no PMI.
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