answersLogoWhite

0


Best Answer

down payment

User Avatar

Keely Wyman

Lvl 10
2y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the portion of the homes purchase price paid in cash and is not part of the mortgage loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the portion of a homes purchase price paid in cash and is not part of the mortgage?

down payment


What is the portion of a home purchase price paid in cash and is not part of the mortgage?

down payment


What is the portion of a home's purchase price paid in cash and is not part of the mortgage loan?

down payment


What is the portion of a home's purchase price paid in cash is not part of the mortgage loan?

Don’t know


When is mortgage insurance typically required?

when the down payment is under 20% of the homes purchase price -kaya :)


Are current home mortgage rates lower?

In the current economy, home mortgages rates are a lot lower and easier to maintain. With the current economy and low mortgage rates it is also to purchase foreclosed homes at a very low price.


Blended Rate Mortgage Calculator?

Blended Rate Mortgage Calculator The high price of homes has many buyers trying to get 100% or near 100% financing. One option is to acquire two mortgages. This calculator helps you determine the effective, or blended, interest rate you would pay if you use a first and a second mortgage to finance the purchase of your home.


How can one purchase property for sale in London?

One should first find out how much of a mortgage they can afford. Once a price range is established, one should decide which is their preferred neighborhood and start looking for homes for sale in that area.


What is the portion of a home's purchase price paid in cash and is not part of mortage loan?

It is the deposit.


When is it necessary to repo mobile homes?

It is necessary for banks to repossess mobile homes if the owners cannot pay the mortgage. Often banks will sell these repossessed homes for a cheaper price because they need to get rid of it fast.


For what would one use the Coldwell Banker mortgage calculator?

You would use a Coldwell Banker mortgage calculator to estimate your monthly payment on a mortgage. To estimate the monthly mortgage payment you need to enter the purchase price, down payment, interest rate, property taxes, insurance, and mortgage term.


What percentage do I need for a down payment during a home mortgage?

The traditional downpayment that lenders require is 20 % of the purchase price of the home. It is possible to put down less, but you will then have to pay for Private Mortgage Insurance.