<prompt> Human: Were in the process of buying our first home, and well be able to put 20 down 85,000. Were also at a point where getting a new car will be necessary in the next six months, and well be looking at getting something in the 15-20k range. In some of our research, weve seen differing opinions on whether putting down 20 is worth it, especially when thinking about the cost of setting up a new home. It occurred to me that if we were going to consider putting down less than 20, we could buy our next car with cash. Psychologically I like this idea because I hate knowing that we otherwise are taking on a mortgage and a car loan at around the same time. On the other hand, obviously we want to avoid PMI if possible. Together we earn 160,000 and our only debt is from student loans under 30k. We have good credit, and so getting a car loan wont be an issue if thats the route wed go. And were waiting until weve closed on the house and finished that whole process before seriously looking for a car. Any thoughts would be appreciated--thank you!  <response>: If youre that close to 20 down, do it. Worth it to avoid the PMI and your credit and income will likely get you a rock-bottom interest rate, anyway. 