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  2. Do I really need a 20 percent down payment for a house? - AOL

    www.aol.com/finance/really-20-percent-down...

    The median price for an existing home in the U.S. was $379,100 as of January 2024. A 20 percent down payment on a home at this price would come to $75,820. Regardless of price or loan type, though ...

  3. Average down payment on a house - AOL

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

    That second mortgage, plus your 10 percent contribution, in effect gives you a 20 percent down payment — so you avoid PMI. If you’re a first-time homebuyer, you might get a break on PMI anyway.

  4. 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 ...

  5. How much should a house down payment be? - AOL

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

    If you’re a first-time homebuyer feeling worried by the 20% down payment guidance commonly quoted, know that a down payment can actually be much lower—for example, 3% to 5% depending on loan ...

  6. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    In that $400,000 home example, a 20 percent down payment would save more than $78,000 over a 30-year mortgage. Potentially better terms: ... What is the minimum down payment for a house?

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

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

    You don’t need to put 20 percent down to get a mortgage — some mortgages don't even require a down payment. ... a $400,000 house with a 15 percent down payment would be $60,000 as opposed to a ...

  8. Is 20% Still the Standard Down Payment on a Home in 2022? - AOL

    www.aol.com/finance/20-still-standard-down...

    Saving up enough for a down payment is often a financial barrier that stands in the way of homeownership. Being able to put a 20% down payment on a home can seem impossible for some -- but is it ...

  9. Can You Get Away With Making Less Than a 20% Down Payment on ...

    www.aol.com/away-making-less-20-down-120021432.html

    According to the National Association of Realtors, the average down payment for a first-time buyer in 2022 was 8% -- while repeat buyers put down an average of 19%. Making a down payment under 20% ...

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