Ask most people what is an acceptable down payment on a house, and 9 times out of 10, they’ll tell you it’s 20% of a home’s selling price. So you do the math—and realize you’d have to put down $50,000 ...

Matt Danielsson has 21+ years of writing experience and 7+ years as a financial advisor. He is the founder of Danielsson Enterprise. Marguerita is a Certified Financial Planner (CFP), Chartered ...

If you purchase a house with a low down payment, you’ll be stuck with higher monthly mortgage payments -- and pay more in interest. Katherine Watt is a former CNET Money writer focusing on mortgages, ...

You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require a down payment. You can get a conventional mortgage with 3 percent down, but with anything less than 20 ...

Younger and first-time buyers make smaller down payments than older buyers — and less than 20% is totally normal. Some or all of the mortgage lenders featured on our site are advertising partners of ...

Along with closing costs, the down payment on a house can be a substantial upfront expense during the homebuying process.

The median down payment on a home in the U.S., as of January 2025, was $54,310 – about 15% of the median purchase price. Most housing market data focuses on the median down payment rather than the ...