The 20% Down Myth

The 20% Down Myth

Are you desperate to own a home of your own? 
If that’s your dream, you are likely saving up, dollar by hard-earned dollar, until you have that magic number: 20% of your dream home’s total value. That’s what all the experts say, right? 
For the average American home, 20% amounts to a pretty big number. Throw in closing costs and you’ve got a small fortune to raise – and years to go

Category: Home Ownership