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How much down payment will I need for a house?

April 26, 2017Business down payment Estate Finance House renting Renting & Real Estate

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How much down payment will I need for a house?

2 Answers

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My sister just bought a $160K house and her credit score is around 750. She didn’t have to pay a down payment at all.

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Know the total price of the house you wanted to buy (180,000 or 200,000) then get the 20-25% of it, then that’s how much you’ll be needing for the down payment. Usually banks ask for 20-50% down payment.