The Perks of Putting twenty percent Down on a Home MABA Massachusetts FirstTimeHomeBuyers RealEstate

If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it twenty percent of the purchase price, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as three point five percent, it’s important to understand the many perks that come with a twenty percent down payment.

Here are four reasons why putting twenty percent down may be a great option if it works within your budget.

1. Your Interest Rate May Be Lower

A twenty percent down payment vs. a……………………….

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