Average Down Payment For U.S Home Purchase Reaches New High of $76,645
Monsef Rachid | December 14, 2017
According to ATTOM Data Solutions Q3 2017 U.S. Residential Property Loan Origination Report, the median down payment for single family homes and condos purchased with financing in the third quarter was $20,000, up from $18,161 in the previous quarter and up from $14,400 in Q3 2016 to a new high as far back as data is available, Q1 2000. The average down payment also rose to a new high of $76,645 in Q3, 2017.