Myth or Fact? 🤷‍♀️ Fact 👆 A larger down payment will give you a lower loan-to-value ratio, or LTV. This key measure makes you less risky to lenders, may qualify you for lower interest rates, and may help you avoid fees, such as private mortgage insurance — which means your monthly payment will be lower and you’ll end up paying less overall in the long run. Drop a ✋ below if you knew the answer!