10/07/2026
๐ก Considering a larger down payment? It can offer several potential financial benefits when buying a home.
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A larger down payment may: โข Reduce your monthly mortgage payment
โข Lower the total interest paid over the life of the loan
โข Give you more equity from the start
โข Help you avoid PMI on some conventional loans with 20%+ down
โข Lower your loan-to-value ratio
๐ก The right down payment depends on your financial goals, cash reserves, loan program, and overall budget. Talk with a qualified lender to determine what makes the most sense for your situation.
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Ready to make your move?
๐ Move With Kimberly
KimberlyLaBarge.myrealtyonegroup.com
๐ 636.345.0777