Thread: How did you come up with your down payment?
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Old 08-05-2006, 02:40 PM
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Default Re: How did you come up with your down payment?
I saved for my down payment, but that was a long time ago before houses cost very much. I think I only had to put down about 10% at most. Now, if you don't have 20% down, I think they make you pay PMI, private mortgage insurance in addition to your payment.
I started saving the minute i got married so I did not have to pay rent for very long.
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