We recently purchased in a large US metro area all-in for ~6% out of pocket. It didn't make sense for us to pay > 5% down on a conventional loan with interest r

We recently purchased in a large US metro area all-in for ~6% out of pocket. It didn't make sense for us to pay > 5% down on a conventional loan with interest rates below 3%. Depending on who you go with PMI rates can be as low as 0.25% of the loan value/year (~$20/month per 100k) if you have good credit.