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  2. How much should a house down payment be? - AOL

    www.aol.com/finance/much-house-down-payment...

    If you’re a first-time homebuyer feeling worried by the 20% down payment guidance commonly quoted, know that a down payment can actually be much lower—for example, 3% to 5% depending on loan ...

  3. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    Smaller monthly payments: Let’s look at the difference between 3 percent down and 20 percent down on a $400,000 home. With a 30-year loan at a fixed 6 percent interest rate, the bigger down ...

  4. How much money do you need to buy a house? 6 costs to ... - AOL

    www.aol.com/finance/much-money-buy-house-6...

    If you have a fixed-rate loan, your monthly mortgage payment is one of your most predictable ongoing costs. Bankrate’s mortgage calculator can help you figure out how much you’ll owe each ...

  5. This is how much money you need to earn annually to ... - AOL

    www.aol.com/finance/much-money-earn-annually...

    What’s the monthly mortgage payment on a $400,000 house? ... a 20% down payment on a $400,000 mortgage would equal $80,000. So, you would need a $320,000 mortgage in this scenario. With a 20% ...

  6. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

  7. How much is a down payment on a house? - AOL

    www.aol.com/finance/much-down-payment-house...

    For example, a $400,000 house with a 15 percent down payment would be $60,000 as opposed to a 20 percent down payment of $80,000. Learn more: Average down payment on a house How does your credit ...

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