The down payment for this home would be at least 10%. With just 10% down you would need a jumbo loan. This home is well over the limit for FHA loans which require 3.5% down. Your interest rate will depend on your credit history. If you have not gotten pre approved yet I will be happy to help you with that. I work with several lenders that can get you pre approved and ready to buy. In this market if you are not pre approved your offer would go straight to the trash. You can also go to my website and answer a few questions to get pre approved. http://www.JPattonHomes.com and click on the get pre approved tab.
Century 21 M&M and Associates