5down versus 10down jpg

Summary: amount every month and apply it as an extra principal payment on your mortgage Check out what I calculated in Excel based on a $150 000 purchase price and a 6 5 APY on a 30 year mortgage The main number to check out is the total savings from a higher down payment The magic number is $2 065 84 Now that s not per year or even per decade That s a total savings of $2 065 84

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