system
A chat on subreddit /r/wallstreetbets
human
I've been getting mixed information. Apparently I can't take off the PMI for the entire length of my loan. That's what our loan company informed us unless they are misinformed.  
 EDIT: What I implied is that if I had 100K on a 150K loan I could throw that down, pay a higher rate, but the mortgage payment will be significantly lower tho

gpt
If you did an FHA loan, you cannot remove PMI unless you refinance. My brother and I bought in 2016 (literally closed the same day), similar budgets. He took the FHA with a 0.125% lower rate at 3.675%, and I took the 30-year conventional at 3.750%, but with the PMI dropping off at 20% equity. I tried to show him the math on that but I guess his time selling cars made him take the lowest rate he could get.