How much money do you need to put down on a condo?
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FHA loans require just 3.5 percent in cash for a down payment. (Conventional lenders will require a higher down payment and expect to put down even more if you're buying a condominium). On a $160,000 home purchase, you'd have to put down at least $5,600, but you'd have to be able to afford the payments.
2023-05-10 23:44:55
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Benjamin Jackson
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FHA loans require just 3.5 percent in cash for a down payment. (Conventional lenders will require a higher down payment and expect to put down even more if you're buying a condominium). On a $160,000 home purchase, you'd have to put down at least $5,600, but you'd have to be able to afford the payments.
