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Why should we pay for your house down payment?
by johnbaboozlld 11y ago
Why should we pay for your house down payment?
- ZanyProgrammer 11y agoBecause buying a house is very expensive?
- mfisher87 11y agoThe point was probably that coming up with the money for a down payment is significantly more difficult (or less likely) today than it was in the past. Given how many graduates are burdened with loan debt.
- shanemhansen 11y agoIt is much easier in the US than other countries. 3-5% down for FHA loans is not uncommon. I own 2 houses (one that's probably worth 400k) and I definitely didn't put 20% down.