diff --git a/src/builder.rs b/src/builder.rs
index 9b2e476df..fa6e573b7 100644
--- a/src/builder.rs
+++ b/src/builder.rs
@@ -1,6 +1,6 @@
 use crate::config::{
-	Config, BDK_CLIENT_CONCURRENCY, BDK_CLIENT_STOP_GAP, DEFAULT_ESPLORA_SERVER_URL,
-	WALLET_KEYS_SEED_LEN,
+	default_user_config, Config, BDK_CLIENT_CONCURRENCY, BDK_CLIENT_STOP_GAP,
+	DEFAULT_ESPLORA_SERVER_URL, WALLET_KEYS_SEED_LEN,
 };
 use crate::connection::ConnectionManager;
 use crate::event::EventQueue;
@@ -31,7 +31,6 @@ use lightning::routing::scoring::{
 };
 use lightning::sign::EntropySource;
 
-use lightning::util::config::UserConfig;
 use lightning::util::persist::{
 	read_channel_monitors, CHANNEL_MANAGER_PERSISTENCE_KEY,
 	CHANNEL_MANAGER_PERSISTENCE_PRIMARY_NAMESPACE, CHANNEL_MANAGER_PERSISTENCE_SECONDARY_NAMESPACE,
@@ -686,19 +685,7 @@ fn build_with_store_internal(
 		},
 	};
 
-	// Initialize the default config values.
-	//
-	// Note that methods such as Node::connect_open_channel might override some of the values set
-	// here, e.g. the ChannelHandshakeConfig, meaning these default values will mostly be relevant
-	// for inbound channels.
-	let mut user_config = UserConfig::default();
-	user_config.channel_handshake_limits.force_announced_channel_preference = false;
-	user_config.manually_accept_inbound_channels = true;
-	// Note the channel_handshake_config will be overwritten in `connect_open_channel`, but we
-	// still set a default here.
-	user_config.channel_handshake_config.negotiate_anchors_zero_fee_htlc_tx =
-		config.anchor_channels_config.is_some();
-
+	let mut user_config = default_user_config(&config);
 	if liquidity_source_config.and_then(|lsc| lsc.lsps2_service.as_ref()).is_some() {
 		// Generally allow claiming underpaying HTLCs as the LSP will skim off some fee. We'll
 		// check that they don't take too much before claiming.
diff --git a/src/config.rs b/src/config.rs
index 37e37bd63..7adae2d4b 100644
--- a/src/config.rs
+++ b/src/config.rs
@@ -1,6 +1,7 @@
 use std::time::Duration;
 
 use lightning::ln::msgs::SocketAddress;
+use lightning::util::config::UserConfig;
 use lightning::util::logger::Level as LogLevel;
 
 use bitcoin::secp256k1::PublicKey;
@@ -229,3 +230,18 @@ impl Default for AnchorChannelsConfig {
 pub fn default_config() -> Config {
 	Config::default()
 }
+
+pub(crate) fn default_user_config(config: &Config) -> UserConfig {
+	// Initialize the default config values.
+	//
+	// Note that methods such as Node::connect_open_channel might override some of the values set
+	// here, e.g. the ChannelHandshakeConfig, meaning these default values will mostly be relevant
+	// for inbound channels.
+	let mut user_config = UserConfig::default();
+	user_config.channel_handshake_limits.force_announced_channel_preference = false;
+	user_config.manually_accept_inbound_channels = true;
+	user_config.channel_handshake_config.negotiate_anchors_zero_fee_htlc_tx =
+		config.anchor_channels_config.is_some();
+
+	user_config
+}
diff --git a/src/lib.rs b/src/lib.rs
index 938b7ad20..bb6492cb9 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -123,7 +123,7 @@ pub use builder::BuildError;
 pub use builder::NodeBuilder as Builder;
 
 use config::{
-	NODE_ANN_BCAST_INTERVAL, PEER_RECONNECTION_INTERVAL,
+	default_user_config, NODE_ANN_BCAST_INTERVAL, PEER_RECONNECTION_INTERVAL,
 	RESOLVED_CHANNEL_MONITOR_ARCHIVAL_INTERVAL, RGS_SYNC_INTERVAL,
 	WALLET_SYNC_INTERVAL_MINIMUM_SECS,
 };
@@ -148,7 +148,6 @@ use lightning::events::bump_transaction::Wallet as LdkWallet;
 use lightning::ln::channelmanager::{ChannelShutdownState, PaymentId};
 use lightning::ln::msgs::SocketAddress;
 
-use lightning::util::config::{ChannelHandshakeConfig, UserConfig};
 pub use lightning::util::logger::Level as LogLevel;
 
 use lightning_background_processor::process_events_async;
@@ -1087,17 +1086,17 @@ impl Node {
 			return Err(Error::InsufficientFunds);
 		}
 
-		let channel_config = (*(channel_config.unwrap_or_default())).clone().into();
-		let user_config = UserConfig {
-			channel_handshake_limits: Default::default(),
-			channel_handshake_config: ChannelHandshakeConfig {
-				announced_channel: announce_channel,
-				negotiate_anchors_zero_fee_htlc_tx: self.config.anchor_channels_config.is_some(),
-				..Default::default()
-			},
-			channel_config,
-			..Default::default()
-		};
+		let mut user_config = default_user_config(&self.config);
+		user_config.channel_handshake_config.announced_channel = announce_channel;
+		user_config.channel_config = (*(channel_config.unwrap_or_default())).clone().into();
+		// We set the max inflight to 100% for private channels.
+		// FIXME: LDK will default to this behavior soon, too, at which point we should drop this
+		// manual override.
+		if !announce_channel {
+			user_config
+				.channel_handshake_config
+				.max_inbound_htlc_value_in_flight_percent_of_channel = 100;
+		}
 
 		let push_msat = push_to_counterparty_msat.unwrap_or(0);
 		let user_channel_id: u128 = rand::thread_rng().gen::<u128>();