Quote:
Originally Posted by ILG
Here is a question for some of you. If you had 40% to put down on a house and you were required to put 20% down, should you:
1.Put down the 20 and then after you start paying put the other 20% down?
2. Put down 40 at the beginning of the loan?
3. Put down 20 and invest the other 20 in something else?
Let the opinions begin!
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The answer is and should be different for different people.
#1. age? Are children in the picture?
#2. other existing debt?
#3. credit card debt?
#4. length of the home loan?
#5. any other sources of income should things get tight later?
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