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You May Not Need as Much as You Think for Your Down Payment

Discover how you might need less than you think for a down payment on a new home. Explore loan options and get ready to buy!
### Some Highlights - Many people believe you need to [put down 20%](https://www.simplifyingthemarket.com/2023/01/03/wondering-how-much-you-need-to-save-for-a-down-payment/) of the purchase price when you buy a home. But recent homebuyers actually put down [far less](https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers) on their purchase. - And with programs like [FHA loans](https://www.fhaloans.com/), [VA loans](https://www.benefits.va.gov/homeloans/index.asp), and [USDA loans](https://www.rd.usda.gov/newsroom/news-release/usda-rural-home-loans-offer-100-financing-and-no-down-payment), some qualified buyers are able to put down as little as 0-3.5%. - Let’s connect to make sure you have a trusted lender and can find out if you’re [ready to buy](https://www.simplifyingthemarket.com/2022/12/26/financial-fundamentals-for-first-time-homebuyers/) a home sooner rather than later. Posted by [Ryan Drowne](https://www.thedavidgreengroup.com/blog/author/ryandrowne/) on February 7th, 2023 Enjoy this blog post? Click here to subscribe for updates [Facebook Share this post on Facebook](https://www.thedavidgreengroup.com/blog/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic--simplifying-the-market-some.html# "Share this post on Facebook") Twitter Tweet this post on Twitter [Email Send a link to post via Email](mailto:?subject=You%20May%20Not%20Need%20as%20Much%20as%20You%20Think%20for%20Your%20Down%20Payment&body=I%20was%20looking%20at%20https%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2F%20and%20I%20thought%20you%20would%20like%20to%20look%20at%20this%20blog%20entry%3A%0D%0Ahttps%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2Fyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic--simplifying-the-market-some.html "Send a link to post via Email")[](https://www.thedavidgreengroup.com/blog/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic--simplifying-the-market-some/print.html "Opens new window with print ready page") ### Leave A Comment Leave text box empty Full Name\- required Email Address\- required Website Link e.g. yourwebsitename.com Comment\- required Submit Comment Please note that your email address is kept private upon posting. Message us ··· Chatra AS ![](https://uc.chatra.io/b9ae5dfb-4b76-4944-924e-7db81e5ee220/-/crop/507x507/0,0/-/preview/-/resize/200x200/) Alexandra Salmon DG ![](https://ucarecdn.com/dec7c2c1-39e7-447b-9fdb-18b03ed3b31d/-/crop/586x586/0,14/-/preview/-/resize/200x200/) David Green Ask us anything – we’ll get back to you here or by email. [We run on Chatra](https://chatra.com/?utm_source=logo_f&utm_campaign=US_www.thedavidgreengroup.com&utm_medium=selfie_en_get) reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/)

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