So parents can provide things for their children like money for college, or help with the down payment for loans.
"This is a substantial down payment for health-care reform, " one senior administration official said of the president's plan.
After a year of planning, and spending the equivalent of a down payment for a house, the evening went by in a blur.
Waiting will help them bolster their savings, continue to repair Mr. Hansen's credit and gather a 20% down payment for the next house.
It raised the minimum down payment for people buying second homes and capped mortgage payments for people buying government-built housing at 30% of monthly income.
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Eight years later, I sold it at more than double my investment, and then used the profit as a down payment for a larger home, where I still live today.
The award-winning Police Homeowner Loan Program offers police officers low-interest (4%), short-term (20 year) financing with no down payment for the purchase of rehabilitated houses in low-income, inner-city neighborhoods in Columbia.
Bank Indonesia Deputy Director Yunita Resmi Sari said the central bank imposed a minimum down payment for car and motorcycle loans last year to limit banks' credit risk and to ease consumers' debt burden.
Regarding the ratcheting down of payment for services through Medicare?
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The Government Accountability Office has also cast doubt on a proposal--supported by Democrats and the administration--to lower the down payment requirement for FHA-insured loans, given the greater default risk on those loans.
In addition, a report issued by the Government Accountability Office in July cast doubt on several legislative proposals to reform the agency, especially one that would lower the down payment requirement for FHA insurance.
Previous steps included rolling out higher down-payment requirements for buyers and increasing land supply for developers.
Historically, finding the money for a down-payment was only a problem for first-time home-buyers.
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Even though affording a down payment is tough for most singles, they stand to benefit more than married people from the tax code.
Instead of saving for retirement or a home down payment, they will struggle for years, even decades, to pay off what they borrowed for school, and that's if they can even begin to pay the money back.
Someone with good credit and enough cash for a 20% down payment will spend more on interest for a 30-year fixed-rate mortgage in California than in Texas.
The big down payment made it easy for us to refinance it two times since 2008 because we were never under water.
Finally, there are several ways you can use retirement funds for a down payment.
People get money for a down payment from a number of different sources.
And I grabbed every freelance assignment that came my way, saving the funds for a down payment on a condo.
Case in point: Christine, a client I recently worked with, is trying to save for a down payment on an apartment.
Noah Rosenfarb, the Singers' financial adviser, invested money targeted for the down payment in short-term bonds, preferred stocks and dividend-paying stocks.
Since the couple had the money for a down payment, they could get back in the game if they were ready.
The 401(k) funds are invested in stocks earning 10%, and the savings for the down payment are invested in short-term bonds earning 4%.
Assuming she doesn't have any other savings, she is going to need to have access to her retirement savings for a down payment.
While the senior executive is comfortable in his lavish gated community home, the employee is struggling to save enough for a down payment on a house.
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They set a goal for the amount they want to raise, which could be just enough for a down payment or the full price of a Dart.
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On the other hand, some buyers might need the rebate money to boost their down payment in order to qualify for a loan in the first place.
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And some people are unable to take advantage of the low mortgage rates, either because they can't qualify for stricter lending rules or they lack the money for larger down payment requirements.
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