{"id":5371,"date":"2014-01-13T21:47:36","date_gmt":"2014-01-13T21:47:36","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=95"},"modified":"2023-12-04T19:34:47","modified_gmt":"2023-12-04T19:34:47","slug":"how-large-a-down-payment-do-i-need","status":"publish","type":"post","link":"https:\/\/jec-pa.com\/how-large-a-down-payment-do-i-need\/","title":{"rendered":"How Large A Down Payment Do I Need?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_a7o7i9wirw dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img src=\"https:\/\/fast.wistia.com\/embed\/medias\/a7o7i9wirw\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You\u2019ll see some pictures in this video to help you remember later &#8211; the larger the down payment, the less you have to borrow and the more equity you&#8217;ll have.<\/p>\n<p>Mortgages with less than a 20% down payment generally require a mortgage insurance policy to secure the loan.<\/p>\n<p>When considering the size of your down payment consider that you&#8217;ll also need money for closing costs moving expenses, and &#8211; possibly &#8211; repairs and decorating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You\u2019ll see some pictures in this video to help you remember later &#8211; the larger the down payment, the less you have to borrow and the more equity you&#8217;ll have. Mortgages with less than a&hellip;<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[21],"tags":[15],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Large A Down Payment Do I Need? - Fort Lauderdale, Dania Beach, Hollywood, FL | Jacqueline E. Cannavan, PA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jec-pa.com\/how-large-a-down-payment-do-i-need\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Large A Down Payment Do I Need? - Fort Lauderdale, Dania Beach, Hollywood, FL | Jacqueline E. Cannavan, PA\" \/>\n<meta property=\"og:description\" content=\"There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You\u2019ll see some pictures in this video to help you remember later &#8211; the larger the down payment, the less you have to borrow and the more equity you&#8217;ll have. 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