How Much for a Down Payment?
Money talks. What does your down payment say?
How much you must save for a down payment depends on the requirements of your mortgage. It's a share of the home price that you must pay first, then the mortgage covers the balance. Your average lender offers loans for 10% or 20% down; some offer as little as 5%; VA loans are extraordinary in that they can require 0% down.
That's how much you must...