Send to a Friend

whitecarnations's avatar

What are common ways of financing for a home in the 300,000 range?

Asked by whitecarnations (1638points) April 9th, 2012

I’ve honestly never looked into real estate. I grew up in an apartment all my life.

So I would be delighted to understand how real estate works :D

1. for a 300,000 dollar home how much should I be able to put on down payment?
2. what do you think the average monthly payment would be should I finance a home without purchasing it all at once?
3. what are common, “home plans”?

Thanks so much.

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.