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Market Monday: Today's Average Down Payment

Have you been considering a new home but worrying you don't have enough for a 20% down payment? We have good news! It's actually a common misconception that 20% of the home price is required. The average down payment on a new home is actually much lower, especially for first time home buyers. Check out this example:



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Our Listings

Three Meadows

Active

1213 Sugar Creek Ln, Rockledge, FL 32955, USA

Bed

4

Bath

Floors

2

1

Size

Beachside Corner Unit

Active

200 International Dr #505, Cape Canaveral, FL 32920, USA

Bed

2

Bath

Floors

2

1

Size

1,023 Sq Ft

Upscale Designer Home

Sold

7974 Creshire Ct, Melbourne, FL 32940, USA

Bed

4

Bath

Floors

3

1

Size

2,400 Sq Ft