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Yes, the size of your down payment matters

By
Real Estate Agent with Leslie Horne &Associates 44820

Yes, the size of your down payment matters - but not in the way you might think. Depending on your personal situation, you may want to have more cash on hand to invest, make repairs, or for an emergency fund. On the other hand, your priority might be lower monthly payments (and avoiding PMI could help you get there). Whatever your situation, just remember that there are a lot of loan programs out there, and it's your loan officer's job to help you find the right one for you!

 

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Comments(3)

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Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Hello, Manfred. That is a great reminder for home buyers! You highlight that the down payment decision is a strategic choice between having cash reserves for repairs or emergencies and prioritizing a lower monthly payment by avoiding PMI. It's a key message that homeowners should collaborate with a trusted loan officer to find a program that truly aligns with their financial goals, not just a simple percentage.

Oct 05, 2025 09:49 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Howdy, as I stated with Peter Mohylsky , www.athome30a, down payments are not a one size fits all.  Enjoy the week ahead.  m

Oct 05, 2025 04:29 PM
Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

Great tips! The right down payment really depends on your goals.

Oct 06, 2025 01:13 PM