I have no idea how much dawn payments are <_< But I mean the point still stands I don't exactly have enough for any down payment sitting around, at least not without wiping out 100% of our liquid assets which probably isn't a good idea when you first buy a house. I know a mortgage would be cheaper each month but the down payment is the only thing stopping us now. We're hoping this will be our last rental. Stay here for a few years while saving up for a down payment and then buy a nice lil house.