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2. What is the average down payment for first-time homebuyers? - AOL

   www.aol.com/finance/average-down-payment-first...

   The typical down payment for a first-time homebuyer was a median of 9 percent in 2024, according to the National Association of Realtors (NAR). For a $400,000 home, a 9 percent down payment totals ...

3. Average down payment on a house - AOL

   www.aol.com/finance/average-down-payment-house...

   The median down payment on a home in the U.S. in Q1 2024 was $26,700 — about 8% of the median home purchase price at that time. ... the typical mortgage down payment for a first-time homebuyer ...

4. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Down payment grants. A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. The grants are usually awarded to low- or moderate ...

5. Here’s how much you need to make to afford a $400,000 house today

   www.aol.com/finance/much-afford-400-000-house...

   If you put 3% down on a $400,000 home, that’s a $12,000 down payment, while 20% is $80,000 down. In the former case, you’re financing $388,000—in the latter, your mortgage loan would be just ...

6. Squeezed first-time buyers turn to six-figure down payment ...

   www.aol.com/finance/squeezed-first-time-buyers...

   In one particularly large example, the City of San Francisco extends up to $500,000 in down payment assistance to first-time buyers, reflecting a housing market where the median home sale price as ...

7. Housing market still a struggle for first-time buyers - AOL

   www.aol.com/finance/housing-market-still...

   Federal Housing Administration loans, which are popular with first-time buyers, have lower minimums: 500 with a 10 percent down payment, or 580 with a 3.5 percent down payment.

8. How much is a down payment on a house? - AOL

   www.aol.com/finance/much-down-payment-house...

   In 2024, the median down payment on a home among all homebuyers was 18 percent, according to the National Association of Realtors, while first-time homebuyers put down a median of 9 percent.

9. Should you use your Roth IRA to buy a house? - AOL

   www.aol.com/finance/roth-ira-buy-house-193514159...

   You might be surprised at the number of first-time homebuyer programs that are available at the state, and local levels to help hopeful buyers cover closing costs and down payment expenses. Your ...