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Questions by users purchasing a home for the first time, and questions relating to the various first-time home buyer credits.
-3
votes
Saving money for the full price of a home while renting vs getting a mortage and buy home no...
It is better to buy your home now if your interest (only interest and not paying down the principal) you are paying is lower then your rent.
The reasoning behind it is that with the rent you are payin …
15
votes
First time buyer- How to decide how much to put toward a deposit?
Well besides that usually the money percentage you put down influences the interest rate (the more you put down the cheaper interest you get) you should consider the opportunity cost.
This means if y …