Conventional strategy
Compare the whole structure, not only the rate.
Conventional financing can reward stronger credit and gives multiple down-payment choices. The right structure depends on cash reserves, PMI, property costs and how long you expect to keep the loan.
What this path is designed to solve.
Use the program page for education. Use the purchase analyzer for the actual property decision.
3% to 5% down conversations
A lower down payment may preserve liquidity, but mortgage insurance and total payment must be compared.
PMI strategy
Mortgage insurance is not automatically bad. The question is whether keeping cash creates more value than eliminating PMI.
Seller credits and buydowns
A concession can be used strategically when the offer, appraisal and program rules support it.
Payment comparison
PMI is a planning estimate only. Actual mortgage insurance depends on credit, LTV, insurer and program.