How much do you really need for a down payment? Let’s break it down!
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U.S. Caption
💰 Wondering how much you need to put down on a home in the U.S.? The average down payment may be smaller than you think! Here’s the breakdown:
First-time buyers average 6-7%
Repeat buyers average 16%
You don’t always need 20% to buy a home—different programs and options can make a smaller down payment work! Thinking of buying?
Drop a comment if you were surprised by these stats or reach out to discuss your options.
#RealEstateTips #USHomebuyers #DownPaymentFacts
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💰 Thinking of buying a home in Canada? The average down payment might be lower than you think! Here’s what’s typical:
First-time buyers average 5-10%
Repeat buyers often put down 20%
In Canada, buyers can use options like the First-Time Home Buyer Incentive to help with lower down payments, making homeownership more accessible.
Did any of these averages surprise you? Let’s chat about your options or drop a comment below!
#RealEstateCanada #HomeBuyerTips #DownpaymentMyths
