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  2. How much is a down payment on a house? - AOL

    www.aol.com/finance/much-down-payment-house...

    Conventional loan: 3 percent down payment. The down payment requirements for a conventional loan on a primary residence vary depending on the lender, the borrower and the property type. For ...

  3. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    For conventional loans, the minimum mortgage down payment is 3 percent. FHA loans require a down payment of 3.5 percent with a credit score of 580 or higher. For scores between 500 and 579, the ...

  4. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...

  5. Do I really need a 20 percent down payment for a house? - AOL

    www.aol.com/finance/really-20-percent-down...

    While a 20 percent down payment is the traditional standard for purchasing a home, it is not mandatory and there are loan options that have much lower minimum requirements. Private mortgage ...

  6. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    This down payment may be expressed as a portion of the value of the property (see below for a definition of this term). The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%.

  7. How Much Should You Save for a Down Payment on a House? - AOL

    www.aol.com/much-save-down-payment-house...

    However, all FHA loans have a 1.75% upfront mortgage insurance premium, or MIP, requirement, plus an annual MIP that ranges from 0.45% to 1.05%, depending on your loan amount, loan term and down ...

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