If you purchase a house with a low down payment, you’ll be stuck with higher monthly mortgage payments -- and pay more in interest. Katherine Watt is a former CNET Money writer focusing on mortgages, ...

A down payment can affect how much you can qualify for in your mortgage. A larger down payment can help you secure better interest rates and avoid private mortgage insurance. The minimum down payment ...

Younger and first-time buyers make smaller down payments than older buyers — and less than 20% is totally normal. Some or all of the mortgage lenders featured on our site are advertising partners of ...

If you plan to buy a house, then you'll need money for a down payment – but exactly how much you're expected to put down is another question. That depends on the price range you're shopping in, the ...

You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require a down payment. You can get a conventional mortgage with 3 percent down, but with anything less than 20 ...

Principal: The principal balance being paid down over time as the result of an amortizing mortgage, such as a 30-year fixed rate. Interest: The amount of the payment that goes toward interest on a ...

If you're new to the homebuying process, it can be easy to become overwhelmed by the amount of real estate terms and vocabulary thrown your way. Making offers, closing costs, interest rates, and ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

Ask most people what is an acceptable down payment on a house, and 9 times out of 10, they’ll tell you it’s 20% of a home’s selling price. So you do the math—and realize you’d have to put down $50,000 ...

CHICAGO (WLS) -- Imagine saving for years for a new home and then having your down payment disappear in the blink of an eye. Real estate wire fraud is now among the fastest growing scams in the U.S.

Apple is working on a multiyear plan to bring its financial services in-house in the future, cutting down on the need for financial partners like Goldman Sachs, reports Bloomberg. Apple is developing ...