: For low-to-moderate-income buyers purchasing homes in designated rural or suburban areas.
While a is often considered the traditional standard, it is not strictly required to buy a house in 2026 . Most mortgage programs allow for much lower upfront payments, and some specifically qualified buyers can purchase a home with 0% down . Minimum Down Payment Requirements by Loan Type
: Available to eligible veterans, active-duty service members, and surviving spouses. is a down payment required when buying a house
Deciding on your down payment amount involves balancing immediate accessibility with long-term costs. Benefits of a Larger Down Payment (20%+) How Much is a Down Payment on a House? - Chase Bank
: These are for high-priced properties that exceed standard loan limits and typically require a higher upfront investment. Current Market Reality Minimum Down Payment Requirements by Loan Type :
The amount required depends primarily on the type of mortgage you choose:
: Designed for buyers with lower credit scores (minimum 580 for 3.5% down); if your credit score is between 500 and 579, a 10% down payment is required. - Chase Bank : These are for high-priced
In 2024, the median down payment for was just 9% , while repeat buyers typically put down 23%. Across all buyers, the median was approximately 18%. Key Financial Trade-offs