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

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

    Loan Type. Down Payment Minimum. Conventional conforming loan. 3 percent. Jumbo loans. 10 percent. FHA loan. 3.5 percent. VA loan. Zero percent. USDA loan. Zero percent

  4. What is a down payment? - AOL

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

    For conventional loans, the minimum mortgage down payment is 3 percent. FHA loans require a down payment of 3.5 percent with a credit score of 580 or higher. For scores between 500 and 579, the ...

  5. How to save for a home down payment when rates are falling - AOL

    www.aol.com/finance/save-home-down-payment-rates...

    This type of account gives you the flexibility to save more for your down payment at any time (be sure to check your bank’s withdrawal limit policy), but also comes with variable rates. Consider ...

  6. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    In the United States, down payments for home purchases typically vary between 3.5% and 20% of the purchase price. [1] 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.

  7. How to save for a down payment - AOL

    www.aol.com/finance/save-down-payment-202835260.html

    The old standard of 20 percent for a down payment comes with some upsides, including no need for mortgage insurance and a lower principal balance to start your mortgage.

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