How much you need for a down payment

Author: ExternaL AuthorR | Oct 09, 2020 | Categories: Best Mortgage Rates , Mortgage For Purchase , Mortgage Refinance , Mortgage Services , Mortgage Solutions , Mortgage Specialist

A down payment is the amount of money you put towards the purchase of a home. Your lender deducts the down payment from the purchase price of your home. Your mortgage covers the rest of the price of the home.

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Original Article Source Credits: Canada.ca , https://www.canada.ca/

Article Written By: NA

Original Article Posted on: 2020-09-16

Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/down-payment.html