Online lender Rocket Mortgage makes it easy to apply from the comfort of home, with a digital application process, web chat and screen-sharing features, plus outst ...

Along with closing costs, the down payment on a house can be a substantial upfront expense during the homebuying process. Find out how much is required for a down payment on a house, why you might ...

One key requirement for buying a home is saving up enough money for a down payment. You may have heard that putting down 20% is ideal, but minimum down payment requirements actually start at around 3% ...

Coming up with enough cash for a down payment is one of the biggest hurdles for homebuyers, especially first-timers. But putting down a full 20 percent of the purchase price isn’t necessary — many ...

Sometimes the thing standing between you and the keys to your dream home is a down payment. With a down payment, you give the lender a certain percentage of the purchase price of a home up front, and ...

If you're financing your home purchase with a mortgage, the down payment is the up front amount you pay at closing. Saving for your down payment is the first step in the homebuying process. It can ...

The median U.S. home price in early 2025 is $398,400, with projections reaching $410,700 by end of year. First-time buyers are putting down a median of about 9% -- roughly $35,856. Repeat buyers are ...

A motherlode of down payment assistance programs is available for California homebuyers. I’ve counted 347 programs, to be exact. And you don’t necessarily have to be a first-time buyer for some ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

When financing a new or used vehicle, making a down payment is a wise move. Putting money toward your loan up front helps build equity more quickly and results in less interest and lower payments.