Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 9 months agoMy plan is to crumble with it.lemmy.worldimagemessage-square236fedilinkarrow-up11.44Karrow-down135cross-posted to: [email protected]
arrow-up11.4Karrow-down1imageMy plan is to crumble with it.lemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 9 months agomessage-square236fedilinkcross-posted to: [email protected]
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up35arrow-down1·edit-220 days agoRemoved by mod
minus-squareDeceptichum@sh.itjust.workslinkfedilinkEnglisharrow-up11·9 months agoHeh, here in Australia I’d need over $100,000 for a down payment. Many are 20% here, so really I’d need over $200,000 just to make the initial payment.
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up8·edit-220 days agoRemoved by mod
minus-squarecm0002@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·9 months agoWhy even bother with a down payment, lots of loan options out there for 0%
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up10·edit-220 days agoRemoved by mod
minus-squareEtherWhack@lemmy.worldlinkfedilinkEnglisharrow-up6·9 months agoIn most cases, it’s better to save up for a down-payment to cut off a chunk from your loan along with the portion of interest with it. You also tend to be able have loans with better options available to you.
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Heh, here in Australia I’d need over $100,000 for a down payment.
Many are 20% here, so really I’d need over $200,000 just to make the initial payment.
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Why even bother with a down payment, lots of loan options out there for 0%
Removed by mod
In most cases, it’s better to save up for a down-payment to cut off a chunk from your loan along with the portion of interest with it. You also tend to be able have loans with better options available to you.