2. You’re Not Thorough With Your Bank’s Low Down Programs

If you’re taking the mortgage from a big bank, chances are they offer low down programs. These are essentially “discounts” on your payment or other financial rewards for things like signing up for insurance (which you have to do either way) with a company they have partnered with.

Again, a 5% discount might not seem like much, but it can make a significant difference when it comes to such a large payment.