This article explores the different types of down payments for home buyers and explains how much money is needed for a down payment on a house. It also includes guidelines for determining affordability and strategies for saving for a home down payment.
Tag: Conventional Loans
How to Calculate Closing Costs: A Comprehensive Guide
Closing costs are the various fees and charges associated with obtaining a mortgage. This guide outlines the different types of closing costs and provides strategies for minimizing them. It also provides a checklist of items needed to calculate closing costs and compares the closing costs of different loan products.