{"id":7739,"date":"2018-01-07T00:00:00","date_gmt":"2018-01-07T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/how-much-buyers-put-down-on-their-home\/"},"modified":"2018-01-07T00:00:00","modified_gmt":"2018-01-07T00:00:00","slug":"how-much-buyers-put-down-on-their-home","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/how-much-buyers-put-down-on-their-home\/","title":{"rendered":"How Much Buyers Put Down on Their Home"},"content":{"rendered":"<p>\n<\/p>\n<div property=\"dc:description\" readability=\"19.132220795892\"><!--paging_filter--><\/p>\n<p>The majority of buyers who obtained a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> last year made a down payment of less than 20 percent, according to the National Association of REALTORS\u00ae\u2019 2017 Profile of Home Buyers and Sellers. The median down payment in 2017 was 10 percent, according to the report.<\/p>\n<p>The bulk of buyers\u2019 down payments came from their personal savings, but a fraction also came from the sales proceeds of a previous residence or assistance from family or friends. Among first-time buyers, 61 percent made an average down payment of zero percent to 6 percent, according to the November 2017 REALTORS\u00ae Confidence Index Survey.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2018_jan\/NARInfographic-FinancingtheHome%20Purchase.jpg\" style=\"width: 620px; height: 999px;\"\/><\/p>\n<p><em>Source: \u201c61 Percent of First-Time Buyers Made a Low Downpayment in November 2017,\u201d National Association of REALTORS\u00ae Economists\u2019 Outlook blog (Jan. 2, 2018)<\/em><\/p>\n<\/div>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/_32H8dTA6ao\/how-much-buyers-put-down-their-home\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority of buyers who obtained a mortgage last year made a down payment of less &hellip; <a title=\"How Much Buyers Put Down on Their Home\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/how-much-buyers-put-down-on-their-home\/\"><span class=\"screen-reader-text\">How Much Buyers Put Down on Their Home<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7740,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[1403,15239,625,447,12908,543,408,41,818,479],"class_list":["post-7739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-chase","tag-down-payment","tag-financing","tag-home","tag-home-buying-guide","tag-mortgage","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/NARInfographic-FinancingtheHome%20Purchase.jpg?fit=1151%2C1854&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7739"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7740"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}