Sentences with phrase «too small down payment»

He puts down a too small down payment on his too big house and as a result, he ends up with a too big mortgage — which he amortizes over too many years.

Not exact matches

It may be going too far to say that becoming debt free «except for the house» was kind of a let down, by the euphoria we experienced on a regular basis as we paid off our smaller debts is gone (at least for a while) until we finally send in that last mortgage payment many years down the road (hopefully sooner than my current projections).

While that can be difficult to predict, there are some familiar factors at play: As home prices continue to heat up across the country, borrowers are increasingly pursuing riskier mortgages with too - small down payments.