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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...

    The minimum down payment needed for a mortgage depends on the cost of the home and the type of mortgage. The most common ways to fund a down payment include saving, using gifts or assistance, or ...

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

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

    However, the minimum down payment requirements are typically much lower than 20%, and with government-backed loan programs, mortgage insurance and similar costs aren't contingent on your down payment.

  5. The Minimum Salary You Need To Buy a Home in All 50 States - AOL

    www.aol.com/minimum-salary-buy-home-2024...

    1. West Virginia. 2024 average home value: $155,080 20% down payment: $31,016.07 Loan amount: $124,064.28 Monthly mortgage: $810.46 Annual mortgage: $9,725.52 Minimum salary needed to comfortably ...

  6. 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

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

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

    Drawbacks of making a smaller down payment. Mortgage insurance requirements: ... Several loan programs only require a low minimum down payment on a house for a first-time buyer. Here’s a quick ...

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