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By Craig Johnson

How Much for a Down Payment?

Money talks. What does your down payment say?

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How much you must save for a down payment depends on the requirements of your mortgage. It's a share of the home price that you must pay first, then the mortgage covers the balance. Your average lender offers loans for 10% or 20% down; some offer as little as 5%; VA loans are extraordinary in that they can require 0% down. That's how much you must...
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