I am a hopeful first-time homebuyer in Denver, CO. Having never done this before, I don't know how much of a down payment I should plan to make (%). I know there are programs to do it with no down payment, but I think it would be better to make one. I have heard that mortgage insurance may be required if I don't make a big enough down payment. Can I expect, 5%, 7.5%, 10%, other %? Thanks!
2006-10-12
04:25:52
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10 answers
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asked by
grrrrrrrrrrrrrrrr!
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in
Other - Home & Garden