Does it make any sense to finance for a house when you can pay cash for it?

Answers:0   |   LastUpdateAt:2012-09-28 22:58:03  

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Tevin
Asked at 2012-09-28 22:58:03
say that a house is 200k . If I have about 300 thousand in cash , does it make any sense to end 20k and finance the rest ? If I am only going to put money into a savings account ING money market , I'm most likely going to pay more in interest ? MedlinePlus MedlinePlus Also I have terrible credit , 620 , so even if I qualify for the 180k loan for the house , is the interest rate will be less than 180k I can put in the investment?
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