$100K down payment, much lower mortgage?

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I know that you will be adding to the 80K each month thus making your overall savings a lot more profitable.

Another way $100,00o in your bank account $100,000 down on your home. No money left in the bank for anything. No interest on $0 balance in the bank. You have a lower mortgage payment and can only get the tax deduction on the loan amount.

By the time you save your $100,000 what do you think the cost of a house will be by that time. Houses do go up in value. You can not purchase a house in 2007 for the same price your father purchased his house for.

Now you will have some naysayers that say this is a down maket so don't buy now.

When your father purchased his home at what ever price he bought it I am sure that there were a few years that the value stagnated and did not go up, but overall and for centries the value of property has increased. It will again. You might ask him what he paid for his house and when did he purchase it?

About investing there are many many many investment avenues to choose from. I am gonna try and list a few though not necessarily in any order.

#1. Real Estate (2nd trust deeds)

#2 Real Estate investment trust (REITS) (Raw land, shopping centers and commercial real estate, Apartment buildings and residental properties as well as many others.

#3 Stock Market, bonds and currency

Now as with all things each has draw backs and advantages, you have to select the ones that make you feel the most comfortable doing with your money. That is important because it is YOUR MONEY.

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$100K down payment, much lower mortgage?

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