asked 163k views
5 votes
If you want to purchase a home and the purchase price is $150000how much shuld you make a downpayment for

asked
User Szatmary
by
8.0k points

1 Answer

4 votes
Typically you will need to save 5 to 20 percent of the sale price in cash in order to qualify for a conventional loan (e.g. 30-year fixed mortgage).
answered
User Daminetreg
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6.4k points
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