Had a goal today to post to the site – but was having trouble getting started so I’m making a list of topics I can visit to create future posts.
Books I’ve read recently – Notes and Takeaways
Youtube for kids – My daughter is FASCINATED with YouTube kids programming and also loves seeing videos of herself – The in laws and I would like to make some videos starring her! – Document the process
Product Management – I work with digital products and am exposed to new products, tech and ways to do things – start documenting interesting products / ideas / features
Music – I use to play piano and would like to start again also am a big fan of all types of music – post videos of me playing or playlists / songs that jump out at me.
Mortgage and personal finance – I am currently a product leader for Core Digital Media part of the Rocket Family of Companies – We aim to improve peoples lives financially. – Thoughts and data on consumer debt, interest rates, home ownership and home improvements
Gardening / Plants – I like plants. A lot. I recently built a garden for my wife and think more plants = better life
Cooking – I like to try new recipes and constantly add or combine ingredients / dishes – document cooking process and add receipt for posterity – for example
Nature – I love to hike and camp we also love the ocean, with a 3 and 1 year old we’ve taken a hiatus from camping – but we are getting ready to go out ad explore again – and the beach is always close by!
With mortgage rates at historical lows and more people than ever working from home everyone is asking how they can they purchase a house or condo.
Step 1 is getting a downpayment together. There are a range of downpayment options ranging from 0% if you are a Veteran all the way up to 25% or higher down if you want a lower loan amount.
So for example if the house you want to buy is $300,000 and you want to put 20% down you will need to have $60,000 to put toward the house.
Then a bank or lender like Quicken Loans will loan you the remaining $240,000 . This $240,000 loan is also called a mortgage.
See below for amount you would need to put down for different types of loans for a $300,000 loan
So explore all the options and programs to see how much of a downpayment you will need. If you aren’t sure you can reach out to lenders like Quicken Loans and they can help guide and ask you the right questions.