#Loan Tips
Learn the Ways to Plan the Down payment of the Home Loan!
Posted on 11 March, 2022 by Finway FSC
Down payment is the amount of money a buyer of the house is supposed to pay in the earliest stage of purchasing that house. This payment is a portion of the total purchase price of the home. A higher down payment means that you will enjoy a low debt burden and even a low-interest rate. You need to pay the margin (down payment) because no loan will provide you with 100% funding for your property purchase. Just make sure that you go with the lowest home loan interest rate to avoid...