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Updated over 7 years ago,

User Stats

23
Posts
5
Votes
Megan Elmendorf
  • Accountant
  • Saint Charles, MO
5
Votes |
23
Posts

Quick question on down payments. 20% or 25% down????

Megan Elmendorf
  • Accountant
  • Saint Charles, MO
Posted

Hey guys quick question. We are in the process of looking at homes with our realtor and he firmly suggests we put 25% down instead of the 20%. We thought we should hold on to our money if possible, (even if its 5%) to try and make more purchases going forward. Any ideas why 25% could be better or why he is suggesting this? 

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