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Down payment

  • Listed: August 13, 2022 1:25 pm
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Description

Down payment

A down payment is the amount you pay toward the home upfront. You put a percentage of the home’s value down and borrow the rest through your mortgage loan. Generally, the larger the down payment you make, the lower the interest rate you will receive and the more likely you are to be approved for a loan.

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Listing ID: 92162f7a60340448

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