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re: The math for buying a home no longer works, per WSJ

Posted on 12/20/23 at 9:15 am to
Posted by Lake08
Member since Jun 2023
600 posts
Posted on 12/20/23 at 9:15 am to
You can buy a house with only 10% down???
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35635 posts
Posted on 12/20/23 at 9:16 am to
quote:

You can buy a house with only 10% down???


uhh yea? Did you think you couldn't? Who told you that?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167751 posts
Posted on 12/20/23 at 9:17 am to
quote:

You can buy a house with only 10% down???




You can get a conventional mortgage with only 3% down.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30661 posts
Posted on 12/20/23 at 9:17 am to
quote:

You can buy a house with only 10% down???

You shouldn’t, but you can. Some people only put down 3 or 5% even. Which jacks up their mortgage costs on a monthly basis so high with straight principal plus PMI that it takes them a long time to actually build equity
Posted by Powerman
Member since Jan 2004
162288 posts
Posted on 12/20/23 at 8:55 pm to
quote:


You can buy a house with only 10% down???

Yes. I'm assuming you're young. This is common knowledge to most people my age.
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