Monday Mailbag – Is a Large Downpayment Better?

Mar 7, 2019

Welcome to Today’s Monday Mailbag!

My name is Kristin and today’s Monday Mailbag is, “Is it better to put a larger downpayment on a house?”

There are several benefits to a large downpayment:

  1. A smaller mortgage loan balance
  2. More mortgage, fewer interest expenses
  3. Reduced mortgage insurance premiums.

If you have any questions, call me today!

 

Hamilton Mortgage Agents

Give the trusted team at Mission35 Mortgages a call today to get pre-approved!

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