I'm in the UK. House price inflation nationwide has been running at 7-8% a year for 20 years and price:income ratios are at all-time highs. The mortgage rates

I'm in the UK. House price inflation nationwide has been running at 7-8% a year for 20 years and price:income ratios are at all-time highs. The mortgage rates on 5% down are like 3.5% and the mortgage rates on 20-25% down are like 1.5%, so effectively your monthly mortgage payment could get 50% higher with a 5% deposit.