UCguy, it sounds like you really want to buy and seem to be looking for confirmation. If you want to buy today, if you can easily afford the payment and in your position, I personally would put down as little as possible. Assuming the minimum down payment is around 5%, I rather keep the other 5% as a rainy day fund. As long as you get a loan that doesn’t have a prepayment penalty for the PMI, you can always pay off the remaining amount to remove the PMI when you have the cash while not wiping our your rainy day fund. It’s not a good idea to go flat out like that and put all your eggs in 1 basket. You never know what might happen.
