Re: How much would I need to make a down payment on a HOME...
One option I hear a lot about is to put 10% down, and to take out 2 loans -- the primary one for 80%, and the second one for 10%. If structured right this avoids PMI. Then work like crazy to pay off the 2nd loan as quickly as possible. This strategy would allow you to get into a house sooner while still having some equity as protection against getting upside-down during a market downturn.
That said, I've always put 20% down myself.
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