How Much Down Payment Is Enough?
Financing Tips How Much Down Payment Is Enough? By Parag Nevatia The real answer is “it depends”! It depends on strengths and weaknesses. It’s a balancing act. The lower your down payment (weakness), the higher the monthly payments, which means, there’s more pressure on the owner to make the monthly debt obligations. (weakness). So as an owner do you want to put more down payment up front and sleep at night knowing there will be less pressure on monthly payments later, or less down payment up front and keep up at night hoping you can sell your product...
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