That can vary. I'd be careful. They should have it in writing what that goes for. Our down payment did not come off our loan, it actually just paid the interest. If you finance 95,000 they will add on interest for the loan, it's not just going to be for the 95,000, then you have the possibilty of homeowners insurance and property taxes and sales taxes thrown in there too.
at 9:41 PM on Mar. 7, 2010