I have 72,000 for a down payment. should I use it all or save some?

Well, it depends. Rates are at an all time low, so this decision has more to do with how it impacts your payment and earnings potential. Will paying this much down, impact your emergency fund, or do you have other funds for this? Do you need to put that much down to qualify, or to make your payment more comfortable? What could your earnings be if you left them invested to work for you. What is your Age? How long to you plan to remain in this home? Rates in the high 2's on a 30-year fixed rate loan, so the interest savings is more nominal than if rates were in the 5's. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.

Hello...I would advise leveraging your money and put the minimum down for the purchaseand investing the difference into an annuity that will have a minimum guaranteeeach year(you can never loose any of your gains like in the stock market)I can do the mortgage loan or for you and also do the investing for you as well.I can be reached at bill.tottleben@htlenders.com or 618-540-8132 www.htlenders.com/st.louisI look forward to hearing from you soon

My general rule is if possible, try to get to 20% down. After that, it is just personal preference.