04/30/2026
Online searches for down payment information recently hit an all-time high. That shows a lot of buyers aren’t sure what’s actually required, and they’re looking for answers.
Unfortunately, many still think they have to put 20% down.
But the data says something very different is happening.
The typical first-time buyer actually puts down about 10% – that’s half of what you probably expected. And some do as little as 3.5% or even 0% down (depending on their loan type).
So, that 20% myth is only holding you back and delaying your timeline more than necessary.
If you’re curious about what’s really required, it’s worth having a conversation with a trusted lender. A true expert can give you better information than an online search.
Then let's chat about what your budget can get you in today’s market.
