Published June 20, 2025

What You Really Need To Know About Down Payments

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Written by Sheri Kipp

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There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive. And if you want to give your savings a boost, look into down payment assistance. Most first-time buyers qualify and the typical benefit is $17,000. Reach out to learn more and get connected with professional resources.

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Buyers

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downpaymentassistance, AffordableHomes
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John Hurlbut

Realtor, CRS, GRI, ABR | Altitude Homes Team | Keller Williams Realty

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