What's the best percentage of down payment one should put down when buying a condo?
Answers:
When you talk to a real estste agen ask them about a CDA loan. A CDA loan is for 1st time buyers with good credit and you will only need about 3g down or less and you get break on the interest rates. I bought my townhouse with 2,500$ down and 5 1/2% FIXED interest rate.
Other answers:
normally it should be 20%
normally it should be 20%
Wouldn't it be best to put as much as you can. The less you owe on your loan, the better
As much as possible so your payments every month are less. If you can afford it 20 percent is best. Hopefully you don't live in Los Angeles or New York or 20 percent could mean $50,000 + !!