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I took a little bit of a higher interest rate, but it was for an advantage. I dont plan on being here much more than 3-5 years. My percentage rate is a bit over 7% but the advantage is that I dont have to pay PMI. The reason thats an advantage is PMI is not tax deductible, whereas the added interest I'm paying because of the higher interest rate, is tax deductable. If you put 20% down, obviousy you dont have to worry about the PMI

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