How much do you need for a deposit on a house 2024?
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Works at the International Seabed Authority, Lives in Kingston, Jamaica.
For example: In order to purchase a home of $400,000, you could access a 95% loan of $380,000, meaning you'll need to provide a cash deposit of $20,000. However, you can add the cost of LMI of to the loan amount (up to $8,000), which brings the total loan up to $388,000 or 97%.Nov 1, 2017
2023-06-15 12:03:57
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Carter Martin
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For example: In order to purchase a home of $400,000, you could access a 95% loan of $380,000, meaning you'll need to provide a cash deposit of $20,000. However, you can add the cost of LMI of to the loan amount (up to $8,000), which brings the total loan up to $388,000 or 97%.Nov 1, 2017