Well I'm 25 years old and still live at home with moms and pops. I think it is time i need to move the hell out. Plus my GF is almost done college. Anyway has anyone or can you get a mortgage with no money down. I'm looking at a house that is 119,000 (what the are asking) With no money down and roughly 5% interest rate my payment would be around 650 a month for 30 years. I can make that with no problem. I make around 40,000 a year now.
The problem is i have nothing saved up to put down. What i do have saved up i will need to furnish the place. I am seeing alot of this 20% down stuff. Do i need 20% down???
The only other payment i got is the Harley and that is 250 a month. My truck and car are paid off. I just paid the truck off last month. Also the Harley is for sale right now. So I'm hoping to get rid of that payment.
Any advice or info would be great.