Would you pay 20% down or pay PMI.
You have limited funds of 200k cash. Would you pay 20% down OR pay 10% down with PMI?
20% down all the way it gives you more of a cushion if something were to go wrong and look at it this way what do you save on that 10% by putting it down. So take the amount you save by not having PMI every month multiply by 12 and divide by the 10% down payment and you'll see the ROI for that decision.