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Does it works if I get it back latter doznpayement for a 2 million house, with a "provided mortgage is approved clause". 2 weeks latter tell that the bank doesn't follow. Too bad I am not rich.
Alternative is a second hand ultra light plane, wit. That budget I may buy something cool.
You're off by a decimal. 20,000 is 1% of 2,000,000.
For a 10% down it either needs to be a 200,000 house, or a 200,000 down on a 2 mil. house.
Oups, I was expecting a bit more money to spend
Yeah, I mean it's still DOABLE. I put $30,000 down on a $390,000 house. 7.7%. 😉