🤔 Will you get a 5% down mortgage?#realestate #mortgage #shorts

42.3K viewsover 3 years ago0m 35sScore: 75

Sean Pan

Getting Started
beginner
Market Research

Summary

This video highlights the financial considerations of buying a home with a low down payment versus waiting to save 20%. It argues that the cost of rent and potential property value increases while saving could outweigh the cost of PMI (Private Mortgage Insurance) associated with a lower down payment.