Maximum down payment for home!

It is always recommended to make maximum down payment possible before taking home loan for the property. Ideally 20% down payment is the least one should make as it is considered a standard benchmark and can lead to more favorable loan terms. However, if the financial situation allows, one may opt for paying up to 30-40 percent of the property value as a down payment. The lower your LTV, the better it is, as it will reduce your overall interest outflow.