Tag: Down Payment

Posted on 04/28/2024
Options for down payment assistance buyers should know
Affording a down payment on a home can be a major hurdle in...
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Posted on 01/05/2020
How Much Do I Need to Save Before Buying a Home?
Buying a home is a big financial endeavor that takes planning and saving. Aside from a down payment, hopeful homeowners will also need to save for closing costs and moving expenses. When it comes to the down payment amount you’ll need to save, many of us have often heard 20%, the magic number. However, there are a number of...
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Posted on 12/22/2019
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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