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[-] cm0002@lemmy.world 1 points 8 months ago

Why even bother with a down payment, lots of loan options out there for 0%

[-] Anticorp@lemmy.world 10 points 8 months ago

Those are usually harder to get and carry higher interest rates.

[-] EtherWhack@lemmy.world 6 points 8 months ago

In most cases, it's better to save up for a down-payment to cut off a chunk from your loan along with the portion of interest with it. You also tend to be able have loans with better options available to you.

this post was submitted on 05 Mar 2024
1400 points (97.6% liked)

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