400000 house payment
In practice however a 20 down payment is too hefty for most borrowers. For example if you make a 400000 offer to buy a home and an appraiser determines it is only worth 380000 youll need to come up with a down payment to cover the gap.
How Much Home Can You Afford In Washington State 2022
If this is the price of your house you must prepare a down payment of 66120.
. Credit reporting agency Experian reported that the average down payment for homebuyers in 2018 was 13. Meanwhile those who bought houses for the first time only made a 7 down payment.
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