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Typically, what percentage of the home cost should you have available for a down payment?
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Typically, what percentage of the home cost should you have available for a down payment?

User Jonathan Newton
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2 Answers

2 votes

Answer:

is 10%

Explanationdd

User AlmasB
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4 votes

Answer: 5%

Explanation: if you're a first-time home buyer, a 5–10% down payment is fine. Keep in mind, any down payment less than 20% will come with that monthly PMI fee, which will increase your monthly mortgage payments

User Pavel Agarkov
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