What is the maximum percentage down payment you should put on a house?

>>1651480
About 100%.

If you put more then 100% of the full price of the house, you are losing money.

>>1651494
As much as you can if you can't find a way to make more than your interest rate with the rest if your money so meet else.

Don't even do it if you don't have enough to get around PMI.

(I put down 1/3 purchase price.)

Unless your age, income, or other factors prohibit you, it's best to put as little down as possible without incurring penalties. (Assuming US-type fixed-rate mortgages).

100%

>>1651480

Pay full in cash.

115% if you include the tip

What about when you live in a place like Australia where a house that's in a decent area can easily cost at least $700K?

>>1652535
You compare the cost of rent with what you'd pay in mortgage. If renting is significantly cheaper, do that. Otherwise buy.

In fact that's how you should decide in any market

Calculate your opportunity cost.

Can you achieve a higher profit with your money than the mortgage will cost you? Keep the downpayment as low as possible, invest your money and make a profit.
Is the mortgage more expensive than your returns on your money? Pay as much as possible now and make a profit by saving on future interest.

>>1651494
Lol. This. It's all situational. Bigger down payment means lower payments