@[email protected] to Lemmy [email protected]English • 1 year agoNo one really understands our strugglelemmy.worldimagemessage-square357fedilinkarrow-up11.05Karrow-down1127cross-posted to: [email protected]
arrow-up1923arrow-down1imageNo one really understands our strugglelemmy.world@[email protected] to Lemmy [email protected]English • 1 year agomessage-square357fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilink1•1 year agoI don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
minus-square@[email protected]linkfedilink0•1 year agoYou don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
minus-square@[email protected]linkfedilinkEnglish1•1 year agoPMI sucks too. (Again, banks suck.) but it’s still better than paying rent.
I don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
You don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
PMI sucks too. (Again, banks suck.) but it’s still better than paying rent.