Thinking about waiting to buy a home so you can save more for a down payment? I get it, makes sense. Borrow less, lower payment.
Surprisingly, you may want to reconsider that strategy. It's likely you will end up with a HIGHER payment and a more expensive house if you wait!
I'll take you through the math of waiting to buy a home so you can save more for a down payment in this week's tip of the week.
RJ Baxter
Branch Manager
Fairway Independent Mortgage Corp
baxterteam@fairwaymc.com
303-670-0137
http://www.cohomesandloans.com
