Question:

What is the minimum down payment necessary for a home whose price is $165,000?

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What is the minimum down payment necessary for a home whose price is $165,000?

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  1. You're best putting down 20%, which is 33G


  2. .   Zero dollars.  No law says that you can't borrow the entire amount.  There are even companies that offer to loan you 103% of the price.  That covers your closing costs, too.  The catch is that you pay a higher interest rate.

  3. normally 10% is average or good, but if you have good credit you dont have to put anything down

  4. Your minimum down payment depends on what program you are trying to get. Through FHA, a 3% down payment is required. Depending on what state you are located, credit etc. you are generally looking at least 10-20% down.

  5. It is usualy 10%...depending on your state.

  6. 1. va & fha kan go as lo as 3% down.

    for VA, yu gotta be a veteran.

  7. 10-20%, depending on your credit score.

  8. In most cases 20% is your best bet...it will help you get a better rate on the loan and make your loan smaller, reducing your mortgage payments.

    Shoot for $33,000.

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