Renting vs. BUYING, Budgeting for Independent Living
Buying Basics Homeownership is a major milestone for many people—and a major financial commitment.
Before you can make a sound decision about buying, you need to understand all the costs involved, not just the mortgage payment.
The Down Payment A down payment is the portion of the home's purchase price you pay upfront, in cash.
Key topics covered:
- Given
Part of the "Financial Literacy" series.
Companion materials (quizzes, flashcards, study guides): https://jd-jones-ases.github.io/project-launchpad/
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