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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. What is a down payment? - AOL

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

   In that $400,000 home example, a 20 percent down payment would save more than $78,000 over a 30-year mortgage. Potentially better terms: Lenders like to see larger down payments.

4. Average down payment on a house - AOL

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

   According to Bankrate 2023 annual data, over 42% of Bankrate users (nearly 270,000 consumers who’ve used our site to find mortgage lenders or information) put down less than 20%.

5. Private mortgage insurance (PMI): What it is and how it works

   www.aol.com/finance/private-mortgage-insurance...

   Because your down payment isn’t 20 percent, you’ll pay mortgage insurance premiums, but only until you pay down your loan balance to 80 percent, or $328,000.

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

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

   The percentage of U.S. adults who believe a buyer needs a 20%down payment to buy a home Source: Bankrate 2023 Housing Market Fact or Fiction survey How much should you put down on a house as a ...