Tag: Down Payment

Posted on 10/29/2023
How much should you spend on a down payment on a house?
A major step in the homebuying process is paying the down...
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Posted on 04/11/2021
Home Financing - PMI and Down Payments
Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...
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Posted on 02/11/2019
Reaching Down-Payment Goals
Saving enough funds for the down payment on your home can be an obstacle for everyone. With general living costs and accumulated debt (Student Loans!), many young couples and professionals don't believe they'll ever save enough to move from being renters to buyers. There are steps you can take to put aside the funds you need for your...
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