I don't know **** about buying a house but here s the information I've gathered up, and I'm wondering if its possible.
First off I'm 20, my credit score is 600.
The house I'm looking at costs$ 25,000 with a down payment of $5,000 and monthly mortgage of $105.
If I have the $5,000 for the down payment would I still need a bank loan? Is there additional costs I'm not aware of?
And also does the $105 go towards paying off the rest of the 25k?
Sorry if these are stupid questions, I have no help with this and would appreciate any advice, tips and tricks!
Read more: Buying a 25,000$ House?
