There are several benefits to putting down a 20% down payment on your home.
You will pay less monthly: There will be no PMI payment each month.
You will pay less interest: Most lenders give a lower rate to those buyers who put down a 20% down payment.
Sellers: Look favorably at buyers that are putting 20% down. In a crowded market this a plus for the buyer.
If you have questions on where to start, or down payments please, Don’t hesitate to Contact Me!