You should have 5-10 percent of the cost. Decide how much you're willing to spend on a car and save up at least that much. Remember that the more you save, the lower the extra cost will be for you!
probably a couple hundred dollars for a down payment....
There are all kinds of ways to come up with money for a down payment including savings, borrowing from a family member, taking out a payday loan, using a peer to peer lender, selling stuff you own, or getting a second job. the method you chose deoends on how much money you need to come up with for your down payment.
Some things are - A job, money for down payment and good credit.
46000
Need down, interest rate and term to calculate
Traditionally a down payment or mortgage deposit was about %20 of the requested loan. Some lenders will accept less than %20 even to no down payment in exchange for higher interest rates. The general rule is the higher the down payment the lower the interest rate.
You can use a 2nd mortgage on a home for the down payment of another home. The payment for the 2nd mortgage will need to be added to your debt ratios.
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
Yes, a higher down payment is typically needed to get a mortgage with bad credit. A down payment of 25% or more will help to get a lower interest rate.
If you don't have money taken out of your paycheck for taxes, you still need to send money in to cover them. This is done through the payment of estimated taxes.
When purchasing an item, if it cost a large amount of money, you would be required to pay part of the cost up front. Such as when renting an apartment, you need to put down a deposit. Same idea.
Yes, unfortunately