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  2. 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 ...

  3. 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 ...

  4. Average down payment on a house - AOL

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

    The median sale price of a home in the U.S. in Q1 2024 was $335,500 according to real estate data provider ATTOM. During that same period, the median down payment was $26,700, or only 8 percent of ...

  5. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    This down payment may be expressed as a portion of the value of the property (see below for a definition of this term). The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%.

  6. Right of first refusal - Wikipedia

    en.wikipedia.org/wiki/Right_of_first_refusal

    Slight variations allowed in exercise: Abe enters an agreement with Bo calling for Bo to put down a 30% down payment, conduct certain inspections, and close the transaction in 20 days. He offers it to Carl at those terms. Carl accepts but is entitled to insist on a 20% down payment and a 30-day closing period.

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...

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