35% down payment

June 24, 2024

Is the new norm when buying a house. Zillow says 20% won’t cut it for most folks to afford the current average monthly mortgage payments (paywall link), given high housing prices and high interest rates. For the average U.S. home, that’s about $128,000 down. Ouch.

https://www.komando.com/news/35-down-payment/