Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Looking for financial answer, not opinion on down payment size
I’m not interested in a personal situation answer, im interested in a pure numbers answer.
I hope I can phrase this in a clear way.
Scenario:
1) Is it better to avoid mortgage interest and put say 20% down or
2) is it better to put down 10% to pay more mortgage interest if you can make the same returns on the money not put down? For argument sake, say that the mortgage interest rate is 10% and the returns of the money not put down are also 10% in the market
or is it the same result?
Don't consider PMI for this scenario