landlordlover@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 1 year agoNo one really understands our strugglelemmy.worldimagemessage-square304fedilinkarrow-up11.03Karrow-down1122cross-posted to: [email protected]
arrow-up1904arrow-down1imageNo one really understands our strugglelemmy.worldlandlordlover@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 1 year agomessage-square304fedilinkcross-posted to: [email protected]
minus-squareMyNameIsIgglePiggle@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·1 year agoI don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up1arrow-down1·1 year agoYou don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
minus-squareKIM_JONG_JUICEBOX@lemmy.mllinkfedilinkEnglisharrow-up1·1 year agoPMI sucks too. (Again, banks suck.) but it’s still better than paying rent.
I don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
You don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
PMI sucks too. (Again, banks suck.) but it’s still better than paying rent.