One of the biggest myths in home buying is that you need 20% down.

That is NOT true for most buyers.

🏡 Common Down Payment Options

  • FHA Loans: as low as 3.5%
  • VA Loans: 0% down (eligible buyers)
  • USDA Loans: 0% down (rural areas)
  • Conventional Loans: 3%–20%

🏡 Down Payment Assistance Programs

Many buyers qualify for assistance programs that help cover:

  • Down payment
  • Closing costs

These programs are especially helpful for first-time buyers.

đź’ˇ Bigger Down Payment vs Smaller

Bigger down payment:

  • Lower monthly payments
  • Less interest over time

Smaller down payment:

  • Easier entry into homeownership
  • More cash available upfront

🎯 Final Thoughts

You don’t need to save 20% to buy a home. There are many flexible options available.

👉 Let us help you find the right program for your budget.