The conversation between human and AI assistant.
How do people afford $150,000 for a down payment on a house in the San Francisco Bay Area?
Is it better to save up for a larger down payment or take out a loan with a smaller down payment?
It really depends on individual circumstances and financial goals. A larger down payment can lead to lower monthly mortgage payments and potentially better interest rates. However, a smaller down payment may allow for quicker home ownership and less upfront costs. It's important to weigh the pros and cons and talk to a financial advisor before making a decision.