🏡 Never put a downpayment on your house #realestate #money #downpayment #personalfinance #mortgage

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🤔There's a heavy debate on how much you should put down when buying a home.

However, if you're incredibly disciplined, the optimal route is to put the minimum amount down and invest the difference.

🔺 As shown in the example, with a lower down payment, you'll pay more in interest and fees (such as PMI).

💰But if you invest the difference wisely, you'll be able to make over $1,000,000 over the lifetime of the loan!!

#realestate #money #investing #downpayment #lowdownpayment #personalfinance #fhaloan #loan #mortgage