Cash down versus Financing

[Navin Kumar]

Hello folks,

Would you recommend using cash down or traditional home financing (20%) for a primary residence ? I plan to stay in the property for at least 5 years and just by doing the numbers, The total cost of the loan repayment in 15 years is coming up to be 175% of the loan amount requested. I'm a first time home buyer and am looking for some advice.

Thanks