What is 3.5% of 100 000 2024?
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Most FHA mortgages require a 3.5 percent down payment -- that's $3,500 for every $100,000 you borrow. If your FICO credit score is below 580, you'll have to come with a 10% down payment. Most non-FHA loans require a down payment of at least 5%, and often as much as 20 percent, of the purchase price.May 3, 2012
2023-06-11 12:03:58
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Julian Thompson
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Most FHA mortgages require a 3.5 percent down payment -- that's $3,500 for every $100,000 you borrow. If your FICO credit score is below 580, you'll have to come with a 10% down payment. Most non-FHA loans require a down payment of at least 5%, and often as much as 20 percent, of the purchase price.May 3, 2012