Bella is interested in buying a $150,000 home. how big does her down payment need to be in order to avoid pmi? o a. $20,000 o b. $30,000 o c. $25,000 o d. $120,000 submit it’s b i think

The answer is option B : $30,000.

Step-by-step explanation:

To avoid Primary Mortgage Insurance or PMI, one need to have the loan balance to be 80% or less of the home value.

Hence, Bella needs to deposit a down payment of at least 20% of $150,000

This value becomes:

dollars

Therefore, the answer is option B : $30,000.

76%

step-by-step explanation:

24% are dogs and the remaining is 76% because 100-24=76