I have put more than 25% down when purchasing. The loan has been paid for three years. Initial loan APR is 5.875 back in 2007.
Since dramatic drop in house valve, I would rather reserve more cash buying rental property (already have one), may buy another one if thers is a good deal.
In addition, I don't feel comfortable to put more cash on this property. If the home value continue dropping another 20%, I may walk away. But I hope not, since it has already dropped more thn 40%.
Thanks a lot.