<prompt> Human: Question about 3 down payment.Hi everyone. Please comment only if you have actually put down a 3 down payment and have real experience...was it amazing, terrible or so-so? I have done lots of research, browsed many forums, etc. I know that a 20 down payment is ideal. I know there will be PMI insurance etc. I would like a house ASAP however for the following reasons:1. My husband and I both have amazing credit. Mine is over 700 and his is over 800.2. We got married young and became parents young. My son is 3 and Im due with a baby girl in a few weeks.3. Hes almost done with his masters and he currently has a great job great salary benefits.4. I completed my bachelors years ago and my plan is to complete my masters slowly and then start working full-time when my baby is like 3-4 years old. I work part-time and will continue to do so after having my second child.My son is already 3. He may move out on his own as early as at age 18. So I would really like to buy a house ASAP, within a few years. If Im going to buy a house at all in my lifetime, Id like to actually have my kids grow up and live in it. We have decided to only have 2 kids and no more, so this is more reason to buy a house now. If I go with a 3 down payment, I can buy a house in a few years and still have substantial savings.Please share your experiences if you have gone this route.Oh and where I live Long IslandNYC area, a 1 bedroom apartment is as low as 1200 extremely rare, but on average 1700. It can go well above 2000 a month though. Compared to that, a mortgage for a nice home seems pretty good.Also, I know its hard to give advice because Im not offering information like salary, savings, etc. This is why Im asking for your actual experiences. Thanks!  <response>: Everyone I know who put nothingclose to nothing down did so pre-crash and it worked out terribly for all of them. 