deposit 5% or 20%? primary residence

[Daniella Ortiz]

Hi

I am buying my first home - i'll live in it and have roommates. I have good credit - so i can put down 5% on a conventional loan...but I have enough saved for 20%.

So...do I put down a larger deposit? or do I use that extra money to pay off student loans early?  And maybe save up for my next purchase?

Thanks in advance.

d