20% down will be $50,000 so the balance will be $200,000 to take out a mortgage for. The higher the down payment the lower the mortgage required and lower payments would ensue also. Also, once one has a mortgage it ie wise to pay it by the week to reduce the interest. Over time this practice makes a difference.
Answer:
Social Facilitation.
Explanation:
Social facilitation is defined as the improvement in your performance when working with other people than alone.
So How does it Happen?
The theory is that when other's are around, the "Arousal" (or the increase in motivation) is increased and this creates stronger and improved responses from us towards work. (responses with the greatest habit strength)
When your in your late 20s early 30s