All Forum Posts by: Lizelle Nelson
Lizelle Nelson has started 1 posts and replied 1 times.
Post: Is it worth it to put 5% down or 20% down
Lizelle NelsonPosted
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Hello,
I live in Canada and would like to buy my first investment property. I want to put down 5% but in Canada a mortage premium is applied to down payments less than 20%.
So, should I save for the full 20% or do the 5%?