Average House Price in New York – 14456

Average Down Payment in New York, New York for My House Stats

Tap here for info on the average down payment in New York, New York. 👈🏿

The minimum down payment is the cash amount a buyer gives to qualify for a mortgage loan and buy a house. It's to offset the risk to the lender.

Loan typeMinimum down payment
Conventional loan3%-15% depending on lender and loan
Jumbo loan20% or more depending on lender
FHA loan3.5%
VA loanNone required
USDA loanNone required