A Minnesota homebuyer who wants to avoid monthly PMI can do so by putting down at least:

Explanation

Private Mortgage Insurance (PMI) is required when the loan-to-value ratio exceeds 80%, meaning a down payment of at least 20% is needed to avoid PMI. Alternatively, a borrower may use a piggyback second mortgage (80/10/10 structure) to avoid PMI with only 10% down.