LendingTree, Charlotte, N.C., released an analysis on current down payment trends, finding that the median planned down payment has increased sharply since 2021. Planned down payments now account for larger shares of loan amounts and borrowers’ incomes, too.
Tag: Down Payments
Realtor.com: Down Payments Near Flat in Q3
Realtor.com, Santa Clara, Calif., reported down payments in Q3 held at an average of 14.4%, with a median down payment of $30,400 in the third quarter.
Realtor.com: 2024 Down Payments Notch Record
Realtor.com, Santa Clara, Calif., reported down payments reached an average of 14.4% of the total home purchase price, with a median down payment of $29,900, in 2024.