Should You Put 3%, 5%, 10%, or 20% Down? A Clear Breakdown
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Think you need 20% down to buy a home? That’s the biggest myth I’ve seen in 30 years.
Waiting to save 20% might feel “responsible” — but in today’s market, it can quietly cost you far more than it saves.
I’m Ella Gurfinkel, Senior Loan Officer with decades of experience, and in this episode I break down the real math behind down payments, PMI, and why acting earlier often builds more wealth than waiting until you feel “ready.”
💡 You’ll learn:
- 🏠 How buyers purchase homes with 3%, 5%, or even 0% down
- 💸 Why PMI isn’t the financial disaster people think it is
- 📈 Real-life examples of buyers who built wealth by buying sooner
- ⏳ The hidden cost of waiting while home prices and rents rise
- ⚖️ When putting 20% down does make sense — and when it doesn’t
📉 Home prices keep rising.
💸 Rent money is gone forever.
The real risk isn’t buying too early — it’s waiting too long without a plan.
📅 Book a free consultation: https://www.calendly.com/teamella
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