Old Mar 24, 2008 | 06:44 AM
  #5  
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v6_accord_jerz
Stupid Power Ball
 
Joined: Jun 2006
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From: Dirty Jersey
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Originally Posted by flyromeo3
in 16 months that'll be 10800. Minimum now they ask is 20% down payment.
If not, you'll most likely have to take an 80/20 loan and pay PMI ( insurance ) on the mortgage.

Is it me or has anyone else noticed that they now offer a 40yr mortgage?
Damn 20% huh? :thinking: So if we get a $200k house we have to save up for 6 years. Definately not gonna fly.
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