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danielleandscott
My new 71 Super Beetle
Member since 5/05 13476 total posts
Name:
Scott
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Re: Sorry if this is to personal - maybe someone can make a poll
$369k 5% down
We did a piggy back loan to avoid PMI
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Posted 6/19/06 4:37 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Diana1215
Living on a prayer!!!
Member since 10/05 29450 total posts
Name:
Diana
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Re: Sorry if this is to personal - maybe someone can make a poll
500K - $60,000 down.
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| Posted 6/19/06 4:56 PM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
516,000K
We put about 50% down ( we had a smaller house to sell)
And paid for an additional 110K worth of renovations from savings.
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| Posted 6/19/06 5:13 PM |
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computergirl
LIF Adult
Member since 5/05 3118 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
$635K
We put over 50% down... $335K (profits from sale of our first house, plus we had paid ahead a lot on the first house's mortgage)
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| Posted 6/19/06 5:24 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Sorry if this is to personal - maybe someone can make a poll
$365K
Put down 10% plus closing costs. Ended with $10K in the bank! 
We did an 8/10/10 piggy back loan. After 2 years we refinanced to get rid of the piggy back loan and some credit card debt and now we have one mortgage with no PMI since the property appraised high.
At least the second loan is tax deductible...PMI isn't.
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| Posted 6/19/06 5:28 PM |
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DRMom
Two in Blue
Member since 5/05 20223 total posts
Name:
Melissa
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Re: Sorry if this is to personal - maybe someone can make a poll
287,500 sellers concession for closing 80/20. PMI isn't necessarily always a bad thing. You have to figure out the payment and what makes more sense
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| Posted 6/19/06 5:54 PM |
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maryg
LIF Infant
Member since 5/06 196 total posts
Name:
Mary
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Re: Sorry if this is to personal - maybe someone can make a poll
wow, i must be the poorest member of this board!  But maybe it's the age or that we only have one income coming in.  i am buying my first house $375,000. I am only putting down 3% (yikes, i know) Paying closing up front. 30 year with pmi since the interest is rising and now is not a good idea to do the fluncuating interest thing(at least for me). Will have neary 20K after closing to make sure house ownership doesn't turn into a nightmare.
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| Posted 6/19/06 6:28 PM |
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2Pisces
Life Coach
Member since 2/06 3337 total posts
Name:
Paige
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by SweetestOfPeas
fir those who put down less than 20%, did you take out a 2nd loan to put 20% down or are you paying PMI?
We took out two loans to avoid PMI. We put down 10% and paid the closing fees. 
Oh yes...our house was $350,000. 
Message edited 6/19/2006 6:30:40 PM.
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| Posted 6/19/06 6:29 PM |
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Heather617
My Babies
Member since 5/05 2566 total posts
Name:
Heather
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Re: Sorry if this is to personal - maybe someone can make a poll
Also not in New York but new construction home cost 200k and we are putting down 40k.
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| Posted 6/19/06 6:37 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
we're not homeowners yet, but we plan to put at least 10% down and do a 80/10/10 mortgage to avoid PMI. we will pay closing costs up front.
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| Posted 6/19/06 6:44 PM |
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-Lisa-
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Member since 5/05 6530 total posts
Name:
Lisa
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Re: Sorry if this is to personal - maybe someone can make a poll
$465K (almost 2 years ago), and we put down 20% and paid closing costs upfront.
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| Posted 6/19/06 6:48 PM |
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-Lisa-
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Member since 5/05 6530 total posts
Name:
Lisa
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by kaklesmay
My buddy is closing this week
He's doing $430k, no DP, sellers concession for closing costs, (106% financing) and the seller is giving him 6,500 cash at closing to do some renovations.
Im jealous... we are walking away from our closing poor and he's walking away with extra $$.
Oh well, thats life!!!!!!!!!!!!
don't be too jealous - he owes more than his house is worth! Thats a dangerous game in the current marketplace.
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| Posted 6/19/06 6:49 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: Sorry if this is to personal - maybe someone can make a poll
We paid $110,000 (YES, in NY but 10 yrs. ago). We put down 36%.
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| Posted 6/19/06 6:59 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by -Lisa-
Posted by kaklesmay
My buddy is closing this week
He's doing $430k, no DP, sellers concession for closing costs, (106% financing) and the seller is giving him 6,500 cash at closing to do some renovations.
Im jealous... we are walking away from our closing poor and he's walking away with extra $$.
Oh well, thats life!!!!!!!!!!!!
don't be too jealous - he owes more than his house is worth! Thats a dangerous game in the current marketplace.
I agree!
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| Posted 6/19/06 7:04 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by hazeleyes33
We paid $110,000 (YES, in NY but 10 yrs. ago). We put down 36%.
  JEALOUS!!!!!!!!!!!!! beyond belief jealous!!!!!!!!!!! 
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| Posted 6/19/06 7:04 PM |
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MABLE03
I <3 SATC
Member since 6/06 4563 total posts
Name:
Fabulous
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by hazeleyes33
We paid $110,000 (YES, in NY but 10 yrs. ago). We put down 36%.
My IL's bought a house 15 years ago for $200 and change it is now worth over 1 million
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| Posted 6/19/06 7:07 PM |
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MrsBlueSash
Love my sailor
Member since 6/05 5793 total posts
Name:
Christian
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Re: Sorry if this is to personal - maybe someone can make a poll
520K in VA and 22% down from sale of his condo and savings. Hope to put more into the house as far as renovations after we sell mine.
Message edited 6/20/2006 9:53:36 AM.
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| Posted 6/19/06 8:40 PM |
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johnsae
Sip.
Member since 3/06 18677 total posts
Name:
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Re: Sorry if this is to personal - maybe someone can make a poll
We are looking at $1M and will put $200k down. You would be surprised at what you CAN'T get in NJ for this kind of money 
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| Posted 6/19/06 10:02 PM |
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MrsRbk
<3 <3 <3 <3
Member since 1/06 19197 total posts
Name:
Michelle
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by johnsae
We are looking at $1M and will put $200k down. You would be surprised at what you CAN'T get in NJ for this kind of money
The house next door to us is $1Mil. Gorgeous house, but taxes are insane. There are also two houses on my street in the 900k range that absolutely gorgeous.
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| Posted 6/19/06 10:47 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by MrsRbk
Posted by johnsae
We are looking at $1M and will put $200k down. You would be surprised at what you CAN'T get in NJ for this kind of money
The house next door to us is $1Mil. Gorgeous house, but taxes are insane. There are also two houses on my street in the 900k range that absolutely gorgeous.
I have been shocked over what $1M will get you- certainly not my dream house- some have been laughable
I actually hung up on a forsale by owner when she tried to explain how her 4 bedroom house was worth $1.8M
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| Posted 6/19/06 11:24 PM |
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Freddie
LIF Adult
Member since 3/06 1162 total posts
Name:
Freddie
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Re: Sorry if this is to personal - maybe someone can make a poll
ours was 529, we put down 20% and paid closing upfront. We had money in the bank, but that was b/c of the sale of our first place and saving a new downpayment.
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| Posted 6/20/06 10:02 AM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
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Re: Sorry if this is to personal - maybe someone can make a poll
$319K and we put down $100k and paid our CC upfront
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| Posted 6/20/06 10:27 AM |
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Freddie
LIF Adult
Member since 3/06 1162 total posts
Name:
Freddie
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by Lisa
$319K and we put down $100k and paid our CC upfront
I'm drooling over your mortgage!!! that was just a bit under our first mortgage and it was SO SWEET!
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| Posted 6/20/06 10:48 AM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
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Re: Sorry if this is to personal - maybe someone can make a poll
Posted by Ricki
Posted by Lisa
$319K and we put down $100k and paid our CC upfront
I'm drooling over your mortgage!!! that was just a bit under our first mortgage and it was SO SWEET!
now if i could only retire and stay home and scrapbook all day huh??
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| Posted 6/20/06 11:13 AM |
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steph4777
**************
Member since 5/05 11726 total posts
Name:
Stephanie
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Re: Sorry if this is to personal - maybe someone can make a poll
Chicago - 156K and did a 80/15/5.
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| Posted 6/20/06 11:45 AM |
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