{"id":5795,"date":"2025-06-17T10:30:00","date_gmt":"2025-06-17T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/06\/17\/what-you-really-need-to-know-about-down-payments\/"},"modified":"2025-06-17T10:30:00","modified_gmt":"2025-06-17T10:30:00","slug":"what-you-really-need-to-know-about-down-payments","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/06\/17\/what-you-really-need-to-know-about-down-payments\/","title":{"rendered":"What You Really Need To Know About Down Payments"},"content":{"rendered":"<body>\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/06\/20250617-What-You-Really-Need-To-Know-About-Down-Payments-KCM-Share-original.png?w=1220&#038;ssl=1\" alt=\"What You Really Need To Know About Down Payments Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p><a href=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/06\/What-You-Really-Need-To-Know-About-Down-Payments-MEM-original.jpg?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/06\/What-You-Really-Need-To-Know-About-Down-Payments-MEM-original.jpg?w=1220&#038;ssl=1\" alt=\"a screenshot of a phone\" style=\"width: 100%; height: auto; display: block;\" loading=\"lazy\"><\/a><\/p>\n<h3>Some Highlights<\/h3>\n<ul>\n<li>There\u2019s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don\u2019t put down <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\" rel=\"noopener noreferrer\" target=\"_blank\">that much<\/a> unless they\u2019re trying to make their offer more competitive.<\/li>\n<li>And if you want to give your savings a boost, look into down payment assistance. Most first-time buyers qualify and the <a href=\"https:\/\/www.housingwire.com\/articles\/down-payment-resource-first-time-homebuyers-17k-average-benefit\/\" rel=\"noopener noreferrer\" target=\"_blank\">typical benefit<\/a> is $17,000.<\/li>\n<li>To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out <a href=\"https:\/\/downpaymentresource.com\/\" rel=\"noopener noreferrer\" target=\"_blank\">downpaymentresource.com<\/a>.<\/li>\n<\/ul>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>Some Highlights There\u2019s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don\u2019t put down that much unless they\u2019re trying to make their offer more competitive. And if you want to give your savings a boost, look into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5796,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_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":[12],"tags":[29,27,20,18,28],"class_list":["post-5795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/06\/20250617-What-You-Really-Need-To-Know-About-Down-Payments-KCM-Share-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1vt","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5795"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5796"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}