This statistic shows the amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location. During the survey, 32 percent of respondents living in New York City said that they believed a 15 percent or higher down payment was reasonable for a mortgage.
Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location
Characteristic
15% or higher
10% or lower
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This question was phrased by the source as follows: "and what percentage of the total purchase price do YOU think is reasonable for a bank or lending company to require for a down payment on a home mortgage?"
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National Association of Realtors. (July 12, 2017). Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/
National Association of Realtors. "Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location." Chart. July 12, 2017. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/
National Association of Realtors. (2017). Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/
National Association of Realtors. "Amount of down Payment People Believe Is Reasonable for a Mortgage in The United States in 2017, by Location." Statista, Statista Inc., 12 Jul 2017, https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/
National Association of Realtors, Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location Statista, https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/ (last visited July 22, 2024)
Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by location [Graph], National Association of Realtors, July 12, 2017. [Online]. Available: https://www.statista.com/statistics/726091/amount-of-down-payment-people-believe-is-reasonable-for-a-mortgage-usa-by-area/
