

The catch is that
- A smaller downpayment means a bigger loan, which means to total price of the home over the lifetime of the loan is higher.
- It increases the risk that the owner will default on the home, since having sufficient savings for a downpayment is a good indicator of having the financial means to keep making payments.
- Any time you use a financial strategy to expand homebuying power to more people, what happens is that more people can buy homes. If the market is limited in the number of homes that exist and can be produced, that drives prices up.
The math is simple. If you want more people to have homes, you need to build more homes.








I just got a set off marketplace and they do the job. So if you don’t have any, that is what I’d do. If you really get into mechanical work and want to spend the $$$, then I would ask a mechanic for their opinion and get that. Then you’ll have a nice set and a shitty set, and the shitty set then becomes very useful for when you need to smash something with a hammer or put a torch on it, etc.
If you already do a lot of mechanical work and are looking to upgrade, then this is not the answer you are looking for