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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. 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% ...

  4. 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 ...

  5. 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.

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

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

    If you put down less than 20 percent, you’ll pay FHA mortgage insurance premiums (MIP), similar to the insurance you’d pay for a low-down payment conventional loan. The difference, though: You ...

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

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

    While a lower down payment can make homeownership more accessible, keep in mind that if you put down less than 20 percent on a conventional loan, you’ll have to pay for private mortgage ...

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