<article class="post-636317 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-636317"><span class="entry-date">February 8, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=You+May+Not+Need+as+Much+as+You+Think+for+Your+Down+Payment+%5BINFOGRAPHIC%5D&url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
<div class="fb-share-button display-inline-block" data-href="https://gilliggroup.com/blog/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic/" data-layout="" data-size=""><a class="facebook solid fb-xfbml-parse-ignore" data-tracking="Post,Social Post Link Clicked,Twitter" href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic%2F&src=sdkpreparse" target="_blank"><span class="force-hidden">Facebook</span></a></div>
<a class="pinterest solid display-inline-block" count-layout="horizontal" href="https://pinterest.com/pin/create/link/?url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic%2F&description=You+May+Not+Need+as+Much+as+You+Think+for+Your+Down+Payment+%5BINFOGRAPHIC%5D" target="_blank"><span class="force-hidden">Pinterest</span></a>
<a class="linkedin solid display-inline-block" href="https://www.linkedin.com/shareArticle?mini=true&url=https://gilliggroup.com/blog/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic/?shareSlug%3Dyou-may-not-need-as-much-as-you-think-for-your-down-payment-infographic" target="_blank"><span class="force-hidden">LinkedIn</span></a>
<a class="email dashicons dashicons-email solid display-inline-block" href="mailto:?subject=From gilliggroup.com: You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]&body=You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]%0D%0Dhttps://gilliggroup.com/blog/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic/" target="_blank"><span class="force-hidden">Email</span></a>
</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p><a href="https://api.simplifyingthemarket.com/wp-content/uploads/2023/02/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-MEM.png"><img alt="You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] | Simplifying The Market" class="aligncenter wp-image-48750" decoding="async" fetchpriority="high" height="1192" src="https://api.simplifyingthemarket.com/wp-content/uploads/2023/02/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-MEM.png" width="650"/></a></p>
<p><!–more–></p>
<h3>Some Highlights</h3>
<ul>
<li>Many people believe you need to <a href="https://www.simplifyingthemarket.com/2023/01/03/wondering-how-much-you-need-to-save-for-a-down-payment/?a=712984-fa409495d5d70154d03a25e81e9540e2">put down 20%</a> of the purchase price when you buy a home. But recent homebuyers actually put down <a href="https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers">far less</a> on their purchase.</li>
<li>And with programs like <a href="https://www.fhaloans.com/">FHA loans</a>, <a href="https://www.benefits.va.gov/homeloans/index.asp">VA loans</a>, and <a href="https://www.rd.usda.gov/newsroom/news-release/usda-rural-home-loans-offer-100-financing-and-no-down-payment">USDA loans</a>, some qualified buyers are able to put down as little as 0-3.5%.</li>
<li>Let’s connect to make sure you have a trusted lender and can find out if you’re <a href="https://www.simplifyingthemarket.com/2022/12/26/financial-fundamentals-for-first-time-homebuyers/?a=712984-fa409495d5d70154d03a25e81e9540e2">ready to buy</a> a home sooner rather than later.</li>
</ul>
</div>
</div></article>
