Down Payment

A down payment is an upfront fee that is part of the total purchase price of the property. The lender does not pay for the down...

On average, first-time home buyers in the USA need a 13% down payment. The median home price in the USA is $432,903. This means you’ll need around $55,000 for a down payment. Down Payment Assistance...

Down payment requirements, which vary from 3% to 20%, are a major obstacle for many potential home buyers. For example, on a median-priced $432,849 home in Q3 2024, this amounts to $12,985 to $86,570 in down...