How much money should I enjoy save up to purchase a $100,000 condo?
Answers:
shoot for 20% down,plus closing costs...
as much as possible at lowest 3000 dollars is usually compulsory any extra will patently set free you money though!
Depends on your credit - anywhere from zilch to full boat.
10%
It would be best, if you could construct at tiniest a 25% deposit. that will make a contribution you a lower monthly mortgage salary, and more equity.
Ideally, you should enjoy at most minuscule 10% to put down at contract signing and another 10% down at closing. And, perchance a bit money disappeared over to do something decorate. You should also enjoy adequate income to retribution your mortgage costs, property taxes, see insurance and anything the adjectives charges are for the condo association. Your mortgage lender or broker could better inform you of what you entail. Oh and don't forget the closing costs.