When buying a home, the down payment is a crucial element to keep in mind. This is the upfront cash you contribute towards the home's purchase price. In this article, we'll examine the varying minimum down payment requirements based on different mortgage types and the advantages associated with contributing a larger down payment.
If calculating your mortgage payments feels overwhelming, don't worry - Baumgartner Realty Group is here to help. We've developed a helpful Mortgage Calculator tool to make the process easy for everyone. With a few key inputs, you'll get a clear picture of your monthly obligations and overall financial commitment when purchasing a new home
