2,380,487
I took an arm
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Will Hamm
Aurora, CO
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Nina Hollander, Broker
Charlotte, NC
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Richard Weeks
Dallas, TX
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Debbie Reynolds, C21 P...
Clarksville, TN
1,771,867
Just a 30 year fixed with an 80/20 Debbie. We saved for a long time.
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Nina Hollander, Broker
Charlotte, NC
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Richard Weeks
Dallas, TX
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Debbie Reynolds, C21 P...
Clarksville, TN
3,416,038
I used a 20% down no doc loan being self employeed.
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
957,202
Even though I could of done all cash, I used a 15 year fixed conventional with a large down payment. The time value of potential gains in the investment of unused reserves was the consideration.
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Bob Betel
Sweetwater, TN
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Debbie Reynolds, C21 P...
Clarksville, TN
231,224
i dont even remember, i was 22 yo. i think i made like 1200 a month. it was in 1912 lol
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Sally Crane
Unity, WI
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Debbie Reynolds, C21 P...
Clarksville, TN
3,744,645
I bought my first condo with an 18% mortgage - 30-year fixed! But I was in something like a 50% federal tax bracket, so the taxpayers covered a lot of it.
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Nina Hollander, Broker
Charlotte, NC
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Debbie Reynolds, C21 P...
Clarksville, TN
225,526
30 Year Fixed because I wanted a fixed payment. Today, I would still do a 30 year fixed even if I had the cash. At these rates, invest your money and at a minium you get double the return. No brainer.
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Pete Xavier
Pacific Palisades, CA
991,852
Ours was a straight VAR on special with no closing costs!
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Will Hamm
Aurora, CO
5,117,178
4,907,547
6,426,155
Our first was a land contract for a 118 acre farm.
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Sally Crane
Unity, WI
3,168,284
conventional with 20% down and double digit interest rate. ah the 80s.
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Lyn Sims
Schaumburg, IL
658,640
LOL...me too, back in the 16-17% interest days when assuming a 12% loan was like winning the lottery!!
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Lyn Sims
Schaumburg, IL
4,434,177
45,957
902,538
Regular 30-year mortgage. It was a co-op and there were not many choices. For our home we later chose 15 years to lower ovarall cost.
1,507,073
1,847,911
823,679
I put the down payment on my credit card - seriously! And then went conventional when the house was built.
69,794
4,968,122
1,466,257
Debbie Reynolds We use an FHA loan that had a special provision for Veterans.
2,785,606
I knew nothing about this at the time but remember everyone being excited for me and my wife as the loan was for 15% down 85% financed special deal
1,728,867
1,231,853
5,246,557
First home was the conventional 20% down. No PMI in those days and the builder would not participate in FHA financing. Those were the days!
3,071,589
5,583,328
conventional financing with 20% down payment.... our first home was $110,000 +/- in 1972 and that same home is $375,000 now....
921,504
2,163,483
VA loan. I didn't realize or remember it until recently when I sorted out old paperwork.
7,871,831
A combination of owner financing and a conventionl loan from the local savings and loan. However, our first home was not my first real estate purchase. I had purchased and sold a number of properties before we purchased our first home.
4,584,596
4,484,943
Debbie mine was a CHFA Connecticut FHA loan... just got out of the Military and had nothing to put down... lived good in Europe:))))) and my father paid the Down Payment as a gift....Endre
1,093,547
5,063,430
321,564
1,435,300