Answer :
The more money you put down, the smaller your principal value becomes. Having a smaller principal value will make your monthly payments smaller.
Answer:
A higher down payment would mean a lower monthly mortgage payment.
Explanation:
The down payment is the initial payment you make when you buy a real estate using a mortgage loan and the monthly mortgage payment is the amount you pay every month that includes capital and interest on your loan. So, if you give a higher down payment, this means that the amount of your loan decreases and your monthly payments will be lower. If you give a lower down payment, your loan will be higher which means that your monthly payment will also increase.