💡 Think You Need 20% Down to Buy a Home? Think Again.

One of the biggest myths in homebuying is that you must have 20% down to get the keys to your first home. The truth? Many buyers are getting started with as little as 3% down
— and the difference can be life-changing.

Let’s break it down:

🏡 Example:
A $429,990 home with a 3% down payment at today’s 6.35% rate would come out to roughly $2,547 per month (principal and interest).

Compare that to last October, when rates peaked at 7.79% — that same home would’ve cost about $3,060 per month.

💰 That’s a $513 difference every month — or $6,156 in savings per year.
Over the life of a 30-year loan, that adds up to a jaw-dropping $184,639 in savings.

The Takeaway
Even small shifts in mortgage rates can change your buying power in a big way. If you’ve been waiting for the “perfect time” to buy, it might already be here.

👉 Curious what your payment could look like today? Let’s run the numbers for your price range and goals — you might be closer to homeownership than you think.