You’re ready to buy a house and join the world of home ownership but something’s holding you back: you’re unsure about the amount of money you’ll have to put down for the down payment. There exist some confusion about how much you need to put down. According to the NAR’s 2016 Aspiring Home Buyers Profile, the medium down payment is 6% but that’s the medium and depending on your other circumstances it could be even lower or potentially higher. Find out what Andy has to say in this episode of Andy Talks Real Estate.
How Much For The Down Payment?