I bought with 10% down in early 2020 and my PMI is only $40/mo which is nothing when you consider my mortgage is fixed at $1500/mo for an entire house while 2 or 3 bedroom apartments are going for more than that in the area now and are unlikely to ever come back down. Our previous 2/1 apartment increased from $550/mo to $1000/mo from 2009 to 2015 when we moved into this house (which we rented and then later bought from the landlord) without a single upgrade or improvement over that time.