Down payment ranges from as little as 0% (VA), 3–3.5% (FHA and select conventional first-time programs), 5–20% (conventional), to 20%+ (jumbo, often with tiered pricing at 25% and 30%). Each threshold changes your rate, your PMI, and your monthly payment materially. We model at least three scenarios before you write your first offer.
20% Threshold
Removes PMI and often unlocks best-tier rates on conventional loans.
Jumbo Tiers
25% and 30% down often unlock better pricing on loans above conforming limits.
Gift Funds
Permitted from family with a documented gift letter and source of funds trail.
- 20% Threshold
Removes PMI and often unlocks best-tier rates on conventional loans.
- Jumbo Tiers
25% and 30% down often unlock better pricing on loans above conforming limits.
- Gift Funds
Permitted from family with a documented gift letter and source of funds trail.