That’s a great question for a home lenderI can always refer you to a lender. 

There are many variables based on your income situation; consult your financial individual.

The decision between paying a higher down payment or choosing a lower mortgage rate depends on your individual financial situation and priorities.

Paying a higher down payment can have several benefits. It can lower your overall mortgage amount, which can lead to lower monthly mortgage payments, and it can also help you avoid paying private mortgage insurance (PMI) if your down payment is greater than 20%. Additionally, paying a higher down payment may increase your chances of getting approved for a mortgage, especially if you have a lower credit score.

On the other hand, choosing a lower mortgage rate can also have its own benefits. A lower interest rate can mean lower monthly mortgage payments and lower overall interest costs over the life of the loan. It may also help you afford a higher-priced home.

Ultimately, it's important to weigh the pros and cons of both options and decide what is best for your financial situation.