How Much Down Payment Do You Really Need?
- 'How much down payment do I really need?'
- 'What happens if I can't afford a big down payment?'
- 'How can I save that much for a down payment?'
- The bottom line
'How much down payment do I really need?'
Calculating monthly payments
|Down payment (20%)||$56,200|
|Down payment (5%)||$14,050|
|Monthly mortgage payment||Monthly PMI payment (0.05% annually)||Total monthly payment|
'What happens if I can't afford a big down payment?'
Lower your budget
Spend more time saving up
'How can I save that much for a down payment?'
Find a budget that works for you
Set up a dedicated savings account
Enroll in automated savings deposits
The bottom line
Reclaim Up to $610/Year in Car Insurance
Here’s the thing: your current car insurance company is probably overcharging you. But, who has the time to look around for around a new company?
A website called CarInsurance.net makes it super easy to see if you’re getting the lowest price. All you have to do is enter your ZIP code and your age, and it’ll show you your options.
Using CarInsurance.net, people have saved up to $610 a year.
It takes just a few minutes to see how much CarInsurance.net could put back in your pocket. And the best part? Because we’re driving less, some insurers are slashing prices this month.