Do I Put 5% Down Today Or Wait To Put 20% Down?
Let’s take a $500,000 home with the minimum 5% down ($25,000)
After subtracting loan insurance of $19,000, your home will appreciate a very modest $52,000 & have a balance of $414,000 after only 5 years
That’s a total of $139,000 in YOUR POCKET
Know your options - time in the market often sees a faster return than waiting & saving