Jars do not need to be sterilized before canning if they will be filled with food and processed in a boiling water bath canner for 10 minutes or more or if they will be processed in a pressure canner.
Your down payment is the difference between the home value and the amount a lender is willing to finance, a percentage known as loan-to-value. For example, if the condo's appraised value is $200,000 and your lender can finance a maximum loan amount of $160,000, your down payment is $40,000.Forty thousand dollars equals 20 percent, therefore, your LTV is 80 percent.uyers who use the condo for investment purposes or as a secondary residence may require 10 percent to 25 percent down, depending on the loan type and whether it's a Fannie or Freddie program.
And then there are closing costs. Those two costs will equal the total cash needed to close. Closing costs are roughly 2-2.25% of the purchase price. So if youâre looking at a home for $500,000, plan on closing costs to be around $10,000.How much down payment is needed will vary, depending on the loan program.Down Payment Requirements for Loans.How much cash you will need to purchase a house is dependent on the loan program, purchase price range and certainly your market area.1  Conventional financing â Needs a minimum down payment of 5% (varies on maximum loan size in your area).ow much cash you will need to purchase a house is dependent on the loan program, purchase price range and certainly your market area. 1  Conventional financing â Needs a minimum down payment of 5% (varies on maximum loan size in your area).