I got 100% financing down on my $250k townhome. I had to put up 10% earnest money though, which will come back at closing time. There's nothing like a big chunk of change coming back to put into home upgrades.
As it stands on a 7 year ARM, payments for me will be around $1200 a month. I'll be selling in a year or 2, so this was the smartest choice for me.
