# Home owner/Investment Crew: Read an interesting post

**URL:** <https://forums.speedlife.net/t/home-owner-investment-crew-read-an-interesting-post/16986>\
**Category:** NYSpeed Off Topic\
**Created:** [September 5, 2006, 10:35am UTC](https://forums.speedlife.net/t/home-owner-investment-crew-read-an-interesting-post/16986 "2006-09-05T10:35:11Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![POOPRA](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poopra/32/7188_2.png) [@POOPRA](https://forums.speedlife.net/u/POOPRA)\
**Post date:** [September 5, 2006, 12:42pm UTC](https://forums.speedlife.net/t/home-owner-investment-crew-read-an-interesting-post/16986/8 "2006-09-05T12:42:09Z")

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Well you can always just pay down the principal, right now every dollar I put down on my principal I save a dollar in interest. Paying 10 grand on my principal right now will save me 9,700 in interest in the next 3 years. Where can you make that kind of investment, 100% in 3 years???

As for PMI, mine was 45 a month which really annoyed me. So I just payed down my principal to eliminate it. I dont know how you get away with buying a house without it, but all loans are different and mine required I have it until I was like had a percentage of the purchase price paid off. I couldnt even get my house reappraised to get rid of PMI because of the loan that I had.

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