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re: Minimum Amount Needed to Put Down on Home Purchase
Posted on 12/26/12 at 2:20 pm to LSUtoOmaha
Posted on 12/26/12 at 2:20 pm to LSUtoOmaha
Also,
FHA is 3.5% and I wouldn't put down a penny more if you don't have to.
FHA is 3.5% and I wouldn't put down a penny more if you don't have to.
2
Posted on 12/26/12 at 2:28 pm to LSUAfro
nevermind
This post was edited on 12/26/12 at 2:32 pm
Posted on 12/26/12 at 10:23 pm to LSUAfro
quote:
Also, FHA is 3.5% and I wouldn't put down a penny more if you don't have to.
Is this a good strategy? I have no intention of seeing this entire mortgage through to the end unless I keep it as a rental property. I just want a mid-level starter home package.
Is it best to pay the least amount up front? I'm just trying to get a saving/budgeting strategy for the next year.
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