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Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous]Most people don't put down 20% on their first home in this area, unless they bought at the bottom of the market years ago in 2009-2011ish, their first home was an inexpensive condo, or they have family help for their down payment. People are able to put down more if they have some decent equity after selling their starter home. We put down 5% on our home and it was perfectly fine and our PITI is still quite affordable - we just had to get a loan with a slightly higher interest rate. [/quote]
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