Size Matters With Your Home Down Payment | The Financial Mirror

Saving for a house is not some easy task, however, more and more people are declaring it to be the hardest part of home buying. The sad part is, many are rushing to the finish line and not saying enough, putting down whatever they have in their savings account on a house. This leads to problems along the way as down payments are not some arbitrary number that comes with buying a house. When thinking about down payments, you really have to know that Size Matters. The amount that you choose to put down on your home purchase, has lasting impacts that you will feel for the length of the loan. There is no one size fits all down payment that you should shoot for, but there are some things that can help you determine that amount for you. That’s what this episode will cover, we will walk through the down payment and how it affects you in the long run.

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