Down payment

Many lenders require a 20% down payment to avoid mortgage insurance. The amount of the down payment may also affect the interest rate you pay. Today, lenders offer a variety of programs that make it possible to buy a home with less than 20% down.

Pages on the site that refer to down payment

Down payment strategies
purchase  > homebuyer's guide  > step 1

Mortgage challenges

Low down payments
mortgage challenges


Loan products related to down payment

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Related links

  • You can prequalify online to get an idea whether you will be approved for a certain loan.