A down payment is the portion of a home’s purchase price the buyer isn’t financing with a mortgage. The amount is paid upfront at closing. Depending on the buyer’s finances and the type of loan, down ...

Younger and first-time buyers make smaller down payments than older buyers — and less than 20% is totally normal. Some or all of the mortgage lenders featured on our site are advertising partners of ...

Saving for a down payment on your future home, it sounds like a massive task, right? It’s one of those milestones that can feel totally out of reach, especially when you're juggling bills, rent, and ...

The median down payment on a house for a first-time buyer is 9 percent, and some loan programs allow for as little as 3 percent down. A larger down payment can result in a lower interest rate but also ...

If you're financing your home purchase with a mortgage, the down payment is the up front amount you pay at closing. Saving for your down payment is the first step in the homebuying process. It can ...

Forbes contributors publish independent expert analyses and insights. Terri Williams is a journalist covering housing trends. If you plan on buying a house, you often need to make a 20% down payment.