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

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

    Key takeaways You don’t need to put 20 percent down on a home — the minimum down payment for a house can be much lower. The average down payment on a house for a first-time buyer is just 8 ...

  3. What is down payment assistance and how do you get it? - AOL

    www.aol.com/finance/down-payment-assistance...

    In reality, the average down payment for first-time homebuyers was just 8% in 2023, according to the National Association of Realtors. That's due, in part, to down payment assistance (DPA) programs.

  4. Average down payment on a house - AOL

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

    As of 2023, the typical mortgage down payment for a first-time homebuyer was 8 percent, while the typical down payment for a repeat homebuyer was 19 percent, according to the National Association ...

  5. First-time homebuyer statistics 2024 - AOL

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

    The median age for a first-time home buyer in 2023 was 35, down from 36 in 2022. (National Association of Realtors) The typical down payment for a first-time homebuyer in 2023 was 8%, the highest ...

  6. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/finance/grants-low-interest-loans...

    Down payment assistance programs (DPA) For many first-time buyers, saving enough for the down payment is the biggest hurdle. Traditional mortgage lenders often require a 20% down payment, but down ...

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

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

    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-income borrowers ...

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