mortgage calculator
DrGuille.. here in the states you can actually take a 80/20 loan to avoid PMI... the value of homes steadily increase.. thus the banks are willing to loan more to value on the equity of the home...
you can take that 15% or in this case of a $150k home and invest that same $20k into retirement.. or kids education... and make 10-12% on that money... make that money work for you... vs spending it.. when you can borrow at 5.5%??? plus you get the tax benefits
