Blog > How Much Should I Put Down on a Home?
The traditional 20% down payment offers the advantage of avoiding PMI and reducing monthly payments, but it’s not always necessary. Many buyers successfully purchase homes with 3% to 10% down through conventional or FHA programs. The right amount depends on your financial comfort, goals, and whether you prefer to keep more cash on hand for renovations or emergencies. A solid lender can help you model different down payment scenarios to see how they affect your payment and long-term equity growth.
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