This video answers the basic question "What is Down Payment" in a simple, kid-friendly way. It also addresses the topics below:
- What is Down Payment
- Can you get 100% of the amount as loan / mortgage
- Can you pay more money upfront as a down payment
- How much should you pay as the down payment
- If you are taking a loan jointly with your spouse, can the down payment come from both people's accounts
We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!
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