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

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

   You’ll need to meet the program’s qualifications, and you must typically finance the home with a 30-year, fixed-rate mortgage to receive down payment assistance.

3. Why your down payment savings keep getting derailed - AOL

   www.aol.com/finance/why-down-payment-savings...

   It’s probably no surprise, then, that fully 81 percent of aspiring homeowners say down payment and closing costs pose a “very significant” or “somewhat significant” obstacle to owning a ...

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

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

   The typical down payment for a first-time homebuyer was a median of 9 percent in 2024, according to the National Association of Realtors (NAR). For a $400,000 home, a 9 percent down payment totals ...

5. How much money do you need to buy a house? 6 costs to ... - AOL

   www.aol.com/finance/much-money-buy-house-6...

   Mortgage rates are still hovering around 7 percent — even after the Fed cut rates three times to close out 2024 — and home prices are still sky high. ... Closing costs. The down payment isn ...

6. Closing costs: What are they and how much are they? - AOL

   www.aol.com/finance/closing-costs-much-175340844...

   Mortgage closing costs typically run about 2 to 5 percent of your total loan amount. ... Apply for down payment assistance: ... or paying a slightly higher interest rate. FAQ about closing costs.

7. 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.