How Much Downpayment Do I Need To Buy A House May 2026

: 3% down . Specifically for qualified first-time homebuyers through programs like HomeReady or Home Possible .

: 10% to 20% down . These are for luxury properties or high-cost areas that exceed conforming loan limits (usually above $832,750 in 2026) . Why Choose 20% vs. a Lower Down Payment? Advantages of 20% Down Pros and Cons of a 20% Down Payment - Experian how much downpayment do i need to buy a house

: 0% down . For low-to-moderate-income buyers in designated rural areas . : 3% down

: 3.5% down . Requires a credit score of at least 580. If your score is 500–579, a 10% down payment is required . These are for luxury properties or high-cost areas

For a primary residence in 2026, you can put down as little as , depending on your eligibility and loan type . While the traditional recommendation is 20%, most modern home buyers—especially first-time buyers—put down significantly less . Minimum Requirements by Loan Type

: 0% down . Available to veterans, active-duty service members, and eligible surviving spouses .