<prompt> Human: Im considering buying a home in the near future, and Im in the process of saving up for a decent emergency fund, and after that Ill save for the down payment.I think I should be able to save for the emergency fund next year Im shooting for 3 months worth of expenses, but it should take me another two years to save 20 for a 180-200K house, I think.My question is: would it make sense for me to only put 10 down on a house, and deal with PMI, in order to get the house sooner? My reasoning is that the alternative would be to pay rent for another 1-2 years 1kmo with no house to show for it. From the numbers that Ive roughly calculated, Ill be paying more monthly for the mortgagePMI, but not by much, plus Ill have my own house. That said, am I way off here? Am I missing something? The decision is still at least a year away, but I want to get it out of my head ASAP if itll put me under too bad.Thanks in advance!  <response>: Sometimes it does. My mortgagereal estate market are not typical, but I bought this house eleven years ago to escape a horrible neighborhood. If Id waited until I could afford the 20 down payment, the escape would have been delayed. PMI was 46monthly and its been dropped now. I cant put a price on getting into a better, safer neighborhood for the benefit of my family. 