06/05/2026
Think You Need 20% Down to Buy a Home? 🏡 Not necessarily.
One of the biggest myths in real estate is that you need a huge down payment to get started. In reality, many buyers qualify with as little as 3% down, and plenty purchase with less than 10% down. You'll also want to budget for closing costs, which are typically around 2% to 5% of the purchase price.
âś… Rough estimate: Most buyers need somewhere between 7% and 15% of the purchase price upfront.
The truth? Many people are much closer to homeownership than they realize. They just haven't had the numbers explained clearly.
Have questions about what buying might look like for you? Send me a message, and let's run the numbers together. 🏡
