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.