Advantages of a Low Deposit Home LoanIf you want to make a low deposit loan work for you, understand that you are signing up for active management. A little deposit may get you into a house faster. However, in the long run, it is likely to be more expensive in terms of interest rate and the repayment period. If you can reliably anticipate that your income will rise or that your home will appreciate in value, you may be able to make extra payments or refinance your loan on more favorable terms. However, make sure that that you know what your current loan’s exit fees. Do this as soon as it makes sense so that you can get into another kind of mortgage.Disadvantages of a Low Deposit Home LoanThe financial loans are riskier, If you are not a regular investor, and you just want a place for you