It is based on your appraisal. Assume your current appraisal is still 400K, you are seeking 300K loan, you do not need to put in any downpayment. If your current appraisal is only 300K, and you are seeking 300K loan, then you need to put down 60K.
【在 c***d 的大作中提到】 : It is based on your appraisal. : Assume your current appraisal is still 400K, you are seeking 300K loan, you : do not need to put in any downpayment. : If your current appraisal is only 300K, and you are seeking 300K loan, then : you need to put down 60K.
y*n
4 楼
oh. 原来不懂鸟语
downpayment
【在 p****a 的大作中提到】 : 如果assume我的房子appraisal value没有变呢?还是40万,那我还需要付downpayment : 吗? : : you : then