Along with healthy coconut oil, avocado oil is one of the best possible oils to have your kitchen for cooking with. The refined oil has a very high smoke point, usually listed as between 480 Fahrenheit and 520 Fahrenheit (270 Celsius).
The more you borrow and the lower your credit score, the higher your monthly PMI premium will be. The closer you get to 20% down and excellent credit, the lower the monthly PMI. Youâll see some examples for a borrower with a credit score between 720 and 759 in the chart below.
The 20% is best, as it keeps you from paying PMI (Private Mortgage Insurance), which is insurance for the bank in case you default. PMI is money thrown away if you have 20% for the down. If you don't, not to worry. I borrowed 103% on my first home, so I was really making a negative 3% down payment.