One of the most important things you'll have to consider when you're purchasing a home is the down payment. You'll need to know how much you should set aside for a down payment, or what the stipulations are if you are approved for a loan where you are not required to pay a down payment. Here are some general ‘rules' for helping you to

This is of course after about half of them told you none of your business. Generally a 30% down payment is not required. If you are in this very fortunate situation that's great, but you may find that you are better off using a smaller down payment and keeping some of that cash in savings.

A large down payment does have its advantages.

It

First time home buyers have always looked at putting some range of a down payment on a home. These down payments can range from as little as 3% up to the traditional 20%. The twenty percent down payment was always the standard, in this scenario you would walk in owning a good portion of the home, avoid paying PMI (private mortgage