Timeline for Is a down payment better than a lump sum payment?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jan 15, 2020 at 23:02 | vote | accept | Klaycon | ||
| Jan 15, 2020 at 18:21 | comment | added | RonJohn | @Klaycon that's where "In some jurisdictions, early payment fees/penalties might be written into the loan contract" becomes important. Note, though, that if the deed is done, then it's done. But even if it's not, your fiscal life is hardly ruined. | |
| Jan 15, 2020 at 18:14 | comment | added | Klaycon | Thanks for your answer. To clarify, I still plan on putting the same amount that I would have paid as a down payment as just a lump sum payment immediately after receiving the loan, so I won't have the cash on hand. Would you recommend against this? | |
| Jan 15, 2020 at 18:12 | history | answered | RonJohn | CC BY-SA 4.0 |