Four Benefits of a Larger Down Payment

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  • Опубликовано: 9 сен 2024

Комментарии • 16

  • @Kelvinjan
    @Kelvinjan Год назад +3

    It’s all about risk tolerance and what you can afford to pay (down payment and monthly mortgage). Everyone’s circumstances are different but in todays higher interest market, I agree with you on a higher down payment due to a higher cost of borrowing.

  • @comradewarners
    @comradewarners 8 месяцев назад +2

    I’m so happy that Frodo is giving me mortgage advice! Great video!

    • @McDonaldResidential
      @McDonaldResidential  8 месяцев назад +2

      LOL, it's not the first time someone said I look like Elijah Wood

  • @humantwotwentyone641
    @humantwotwentyone641 10 месяцев назад +3

    Great video with just the information ive been seeking. The fake window is too busy and distracting, though.

  • @TheOlegGroup
    @TheOlegGroup Год назад

    One more reason- when you sell your stocks on losses, you have more write off at end of the year. It’s better to use stock money comparable to the income money. Good episode!

  • @Rengoatkuv
    @Rengoatkuv 5 месяцев назад +1

    What are you thoughts on opting out of escrow when you give 20% down? Are there more benefits or less benefits?

    • @McDonaldResidential
      @McDonaldResidential  5 месяцев назад

      I'm not sure what you mean by that question

    • @Rengoatkuv
      @Rengoatkuv 5 месяцев назад

      @@McDonaldResidential sorry, let me rephrase that. Are there pros to not using escrow versus using an escrow account?