Down Payment on a House: How Much Do You Really Need?
Savings Corner
DECEMBER 25, 2023
You use a loan to pay the rest of the purchase price over time. You may have heard that you need to make a 20% down payment on a home, but that’s really just the threshold many lenders use for requiring mortgage insurance on a conventional loan. 5 Our Take Pros Offers a one-day mortgage approval process. Power and Zillow.
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