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whats a good down payment on a house?
should u take a 0 money down offer?
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$156
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100%
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25% if you have it :glugglug
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I just did 0 down on a 600,000 house and pay only $2900 a month.
Smokin :thumbsup Lovin the low rates right now... |
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looking for a condo/townhouse.. 250-350k
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10% is good in my books
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in canada under 20% will require an insurance policy - which rises the total cost but it's possible to get 0% down.
without insurance it's hard to get anyone to finance under 15% - 20-25% is the norm. |
in michigan if you dont put down 20% you have to pay pmi insurance. which is about $50-75 on a 100k house i think.
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25% will do..
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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. :thumbsup |
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