Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 8 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 · 8 months agomessage-square236fedilinkcross-posted to: [email protected]
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up35arrow-down1·edit-25 days agoRemoved by mod
minus-squareDeceptichum@sh.itjust.workslinkfedilinkEnglisharrow-up11·8 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-25 days agoRemoved by mod
minus-squarecm0002@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·8 months agoWhy even bother with a down payment, lots of loan options out there for 0%
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up10·edit-25 days agoRemoved by mod
minus-squareEtherWhack@lemmy.worldlinkfedilinkEnglisharrow-up6·8 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.
Removed by mod
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.
Removed by mod
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.