5 States Where a 20 Percent Down Payment Isn't Even Enough

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5 States Where a 20 Percent Down Payment Isn't Even Enough
By Megan Johnson

If you're on the hunt to buy a home, chances are you've been saving up for that down payment for quite some time—and while you may think you can get away with putting down 10 to 15 percent for your first home, in some states that might not be competitive enough. According to a new study performed by online loan marketplace LendingTree, prospective buyers in five American states can expect to plunk down more than the standard 20 percent. And while that's certainly not the most inspiring news, there is some positive information coming out of the study (so wait for it!), which could mean you'll get to keep a little more dough in your pocket.

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October 30, 2018 at 02:15AM
via Apartment Therapy | Saving the world, one room at a time https://ift.tt/2Jn9xO1

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