Need $20,000 for down payment, how to ask?

[Shawn D.]

Hello BP, Thinking of ways to ask my parents for $20,000, help with down payment on house to avoid pmi. What's a good way? Example Provide some numbers with interest over a few years etc

[Tiffany S.]

Just ask, offer interest. Explain to them what PMI is (assuming they don't know) and how much money you would be saving if you did not have to pay it.