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2. 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 put less than 20 percent down, in addition to paying the principal and interest, your mortgage payment will likely include a fee for private mortgage insurance (PMI). This protects the ...

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

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   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. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   To understand how it works, take a look at this mortgage interest deduction example: If you purchase a $400,000 home with a 20% down payment and take out a 30-year, fixed-rate loan with a 7% ...

5. How 1 Extra Mortgage Payment a Year Helps Pay Off Your Home ...

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   If you put a 5% down payment on a $350,000 30-year loan term, you could be paying $161 to $515 a month for PMI alone. ... The sooner you can get 20% of your principal paid off, the sooner you can ...

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

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   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 ...

7. 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 ...