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

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

   For a $400,000 home, an 8 percent down payment totals $32,000. ... Drawbacks of making a smaller down payment. Mortgage insurance requirements: ... Deferred payment loans: ...

3. 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 ...

4. Down payment assistance: How it works and how to get it - AOL

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

   Unlike a low-interest loan, a deferred-payment loan usually doesn’t charge interest. You’ll still need to repay the assistance, but not until the loan’s term ends, you move house or ...

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

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

   FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

6. American Dream Downpayment Assistance Act - Wikipedia

   en.wikipedia.org/wiki/American_Dream_Downpayment...

   On December 16, 2003, President George W. Bush signed into law the American Dream Downpayment Initiative (Pub. L. 108–186 (text)), which was aimed at helping approximately "40,000 families a year" with their down payment and closing costs, and further strengthen America’s housing market.

7. Guide to no-down payment mortgages: Am I eligible? - AOL

   www.aol.com/finance/no-down-payment-mortgage...

   A no-down payment mortgage is a home loan that allows you to finance 100 percent of the home’s purchase price ... payment-deferred loan that covers a 3 percent down payment on homes priced up to ...

8. Down payment - Wikipedia

   en.wikipedia.org/wiki/Down_payment

   The Federal Housing Administration has advocated lower down payments since its inception in 1934, and, currently, borrowers that qualify for an FHA loan pay only 3.5% for a down payment. With rising home prices in the years from 2000 to 2007, lenders were willing to accept smaller or no down payment (either through 100% financing, seller ...

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

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

   How much to put down on a house depends on the type of loan you get and the mortgage lender’s requirements, among other factors. A conventional loan down payment could be as little as 3 percent.