Our rent is about $2200 for a 1800 sf home in PQ. Yes, of course the rent may vary in the next 10 years.

BTW, we like Scripps a lot. Never looked at it before for buying, thought it too far, but it’s still doable. We still feel that we’d get more bang for the buck in PQ or Rb. Can you share in which area/complex is the house you are in escrow? Just curious.

20% down eliminates the PMI – that is significant. True, PMI is only for like 7 years or so. Plus the rates and origination costs are indeed better for that amount. And PMI is not deductible.

Roughly if one has 20% down on a 520K house, the borrowed amount is about 417K.