<prompt> Human: We are getting ready to buy our next house. Ran some numbers with a mortgage guy. The plan is to put 20 down. But he also ran numbers for us if we only put 5 downin case we cant sell our current house and need to rent it out. Our credit scores are both over 800 so he said we could roll the mortgage insurance8000 into the loan. We are looking in the 400k range so we are talking about putting down 20k instead of 80k. He ran the numbers for us and it would be about 300 bucks more per month if we only put 5 down and took out a loan that was 60k more. Is there any scenario where doing this makes sense? I am just concerned because we put down a huge down payment on our last house and now the market has tanked in our area and we are likely losing 40knot including realtor fees. If we put down 20 on the next house, we likely need to dip into our rainy day fund and that leaves me a little more nervous if bad things happeni.e.-layoffsboth our new companies got bought out, but there are currently 0 signs pointing towards downsizing at either company.Edit- We did receive an offer on our house yesterday so praying that can get worked out. Sure been a butterfly filled day. Also, our house is located in NC. We have relocated to N. Virginia and both got new jobs. Currently staying with Mother-in-law. Going on five months: My plan is to put down 20 on a new house. I just wanted to get some feedback. Thanks for the responses.  <response>: Maybe someone better versed in real estate can explain to me why no one has advised you to just buy the house with the 5 down and get above 20 when your old house sells. Its not like PMI is some forever thing. As soon as you are above 20, either through paying off the mortgage or appreciation, just let your lending institution know and its dropped. Sure, itll cost you 100month for however long it takes the house to sell a year? two years? Thats still only 2400. Leaving the in- laws house with a rainy day fund intact is easily worth that. I dont why people would tell you to dip into your rainy day fund to put down 20 a second time. 