Tag Archives: mortgage downpayment

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How to Buy A Home With Less Downpayment

It can be difficult in most circumstances to save money for 20% down payment in order to buy a home. By now you know that in order to avoid private mortgage insurance and to get good loan terms on your mortgage loan, you need to make at least 20% down payment of the purchase price […]

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Making The Right Down Payment For A Home Loan

Before you set your heart on a home to buy, you should be acutely aware of the downpayment requirements and if you have enough. Not having the right amount of downpayment can quickly add to the cost of purchasing the home with additional charges, penalty fees, compulsory insurance and a higher interest rate. All this […]

Saving For Retirement Vs Downpayment for Buying a Home

One of the best and most available tax write off method is the funding retirement savings plan. Money that you contribute to an employer-based retirement plan such as a 401K auto 403B or a self-employed SEP-IRA or a Keogh plan is generally tax deductible.This saves you both federal and state income taxes in the year […]