How much is a good down payment for a house?

How much is a good down payment for a house?
by

1 Answer

Answer :

60k. Or twenty percent. For a down payment.
by

Related questions

Can you buy a house if you have crappy credit and no down payment

Description : Can you buy a house if you have crappy credit and no down payment

Last Answer : yes…I did it. 100% financing. There are all kinds of programs out there including government ones.

How much is your monthly mortgage payment on your house in your town?

Description : How much is your monthly mortgage payment on your house in your town?

Last Answer : Half that, east tn in the burbs

How much is a typical down payment for a rent to own?

Description : How much is a typical down payment for a rent to own?

Last Answer : It varies from one owner to the next. Some require ZERO down payment where others are willing to have a percentage of the monthly rent applied toward the down payment. I'd venture to say that some who ... payment in hopes that the more you put into it, the more serious you will be down the line.

how much would your down payment be for a 250,000.00 loan

Description : how much would your down payment be for a 250,000.00 loan

Last Answer : Need Answer

I am not on the mortgage to the house. Will the mortgage company still give me the legal documements I need after making the final payment?

Description : I am not on the mortgage to the house. Will the mortgage company still give me the legal documements I need after making the final payment?

Last Answer : If the company thinks your husband is alive, wont they send a document to your house when it's paid off? I don't see how the mortgage company isn't aware he's dead? I guess maybe they aren't ... with the help of a lawyer. It's a simple procedure to get it fixed, assuming you have no children.

You find yourself totally out of debt, no rent, no house payment, no car payment, no loans what so ever, what would it take for you to go back into debt?

Description : You find yourself totally out of debt, no rent, no house payment, no car payment, no loans what so ever, what would it take for you to go back into debt?

Last Answer : If my children really needed help.

What is your single largest expense(bill) per month, not including house, vehicle payment, or rent?

Description : What is your single largest expense(bill) per month, not including house, vehicle payment, or rent?

Last Answer : Cable and Internet. Also food.

How does paying extra on my house payment affect my principal and interest?

Description : How does paying extra on my house payment affect my principal and interest?

Last Answer : It lowers your principal and thereby the amount you pay out in interest, but it won't affect your contractual interest rate. Paying down a mortgage early is an excellent idea. Many people with 30 year mortgages ... in Europe or Asia. And you'll always have a home to come to when you're done.

Would this private person sell his house in installments for payment through a notary.

Description : According to you (known) there are people who would give the house for payment in installments. 

Last Answer : Sure, unless you live in it. But you need to know that as long as it is not paid it will not be in your name.

You think there are people who give the house as a private person for a payment.

Description : Live ijen opportunity.

Last Answer : Yes, I've seen this ad before

How to compute mortgage payment based on purchase price of house alone?

Description : How to compute mortgage payment based on purchase price of house alone?

Last Answer : Need Answer

I am going through a divorce, my ex-wife needs to refinance,but we owe more than the house is worth we have a 1st&2nd fixed and never missed a payment in 10 yrs.also have a 740 credit score what can she do need my name off of the house.owe 300k worth 250k?

Description : I am going through a divorce, my ex-wife needs to refinance,but we owe more than the house is worth we have a 1st&2nd fixed and never missed a payment in 10 yrs.also have a 740 credit score what can she do need my name off of the house.owe 300k worth 250k?

Last Answer : You cannot get your name off the mortgage unless you refinance. You may be able to have her refinance the home if you sign a note for the difference between what she can finance for and what is owed. You can also contact the first and second lienholders and request a short sale without recourse.

Typical down payment and monthly payments on a used truck?

Description : Typical down payment and monthly payments on a used truck?

Last Answer : answer:Rule of thumb if I recall correctly is $20 a month payment for every $1000 total principle. This is assuming an average interest rate (like 3-6% range). If your interest is higher, your monthly ... CU offered me an interest rate around 5%. My payments were going to be in the $180-$220 range.

Bank of America website down, can't pay bills, how can I document that I tried to log on to pay bills so I can argue missed payments or late payment?

Description : Bank of America website down, can't pay bills, how can I document that I tried to log on to pay bills so I can argue missed payments or late payment?

Last Answer : Keep trying!

Need a new car no co payer no down payment. Can just afford monthly payments what do I do?

Description : Need a new car no co payer no down payment. Can just afford monthly payments what do I do?

Last Answer : Never purchase anything over time if you can only “just afford the monthly payments”. You are only one “emergency” away from suddenly not being able to make those payments. A lot of us have had to learn this the hard way.

What does a down payment really mean, and how does it work?

Description : What does a down payment really mean, and how does it work?

Last Answer : A down payment is a portion of a home's selling price which must be paid up-front, in cash, separate from the amount you'll be receiving as a down payment loan. The down payment ... more information and to learn more about down payment loans and solutions, please contact Home Savings Fund today.

Home Down Payment Savings Calculator?

Description : Home Down Payment Savings Calculator?

Last Answer : Home Down Payment Savings CalculatorPurchasing a home is one ofthe most important decisions you'll ever make. This calculator willhelp you create a savings plan towards your home purchase downpayment. Simply ... number of years youwish to save. Click here to estimate how much home you canafford.

Mortgages with only 5% down payment?

Description : Mortgages with only 5% down payment?

Last Answer : a mortgage is a loan on what you have paid in on your house. it all depends how many payments you have made.

Don't Buy Until You Have a 25% Down Payment?

Description : Don't Buy Until You Have a 25% Down Payment?

Last Answer : When you are interested in buying a new house, if you are like most people, you will need to take out a mortgage. What people may not be aware of is that with a conventional mortgage if you don' ... . Not only will you avoid mortgage insurance, but, you'll probably get a better deal on the mortgage.

The contractor provides the financing and is paid an agreed fraction of actual savings achieved. This payment is used to pay down the debt costs of equipment and/or services. This is known as a) traditional contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Description : The contractor provides the financing and is paid an agreed fraction of actual savings  achieved. This payment is used to pay down the debt costs of equipment and/or services.  ... contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Last Answer : d) shared savings performance contrac

An asset was purchased for Rs.1000000 with the down payment of Rs.200000 and bills accepted for Rs.800000/-What would be the effect on the total asset and total liabilities in the balance sheet? A] Assets increased by Rs.800000 and liabilities decreased by Rs.800000 B] Assets decreased by Rs.800000 and liabilities increased by Rs.800000 C] Assets increased by Rs.1000000 and liabilities increased by Rs.800000 D] Assets increased by Rs.800000 and liabilities increased by Rs.800000

Description : An asset was purchased for Rs.1000000 with the down payment of Rs.200000 and bills accepted for Rs.800000/-What would be the effect on the total asset and total liabilities in the ... and liabilities increased by Rs.800000 D] Assets increased by Rs.800000 and liabilities increased by Rs.800000

Last Answer : D] Assets increased by Rs.800000 and liabilities increased by Rs.800000