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MGIC

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MGIC: Should borrowers wait to save 20% down or buy now? 

Apr 07, 2017By

Down payments are commonly cited as one of the most misunderstood parts of the home-buying process, as potential homebuyers hold off shopping until they can put 20% down on a home. A new calculator from MGIC helps solve this problem. Home shoppers can use the calculator to see if they should buy now or wait.