Published August 13, 2025

August Newsletter: What Buyers are Really Putting Down

Written by Cate Ellis

When it comes to purchasing a home, most buyers are choosing to finance their purchase, especially the younger generations. According to the 2025 NAR Home Buyers and Sellers Generational Trends Report, 74% of all recent buyers financed their home. Among buyers under the age of 44, that number climbs to over 90% who obtained a mortgage for their home purchase.

So how much are buyers actually putting down?

Across all age groups, the median down payment was 15%. Buyers under the age of 44 often put down less than that, while older buyers tend to put down a bit more.

The truth is, a large down payment isn't required for everyone. Many buyers qualify for loans with far less out of pocket than they expect.

There are several loan programs available that are tailored to different financial situations. Depending on your credit, income, and a few other factors, you may have more options than you realize.

Here’s a quick look at some of the most common loan programs, courtesy of our friends at Envoy Mortgage:

As far as what loan types are most popular, according to the 2025 NAR Home Buyers and Sellers Generational Trends report, 52% of buyers used conventional loans, 29% used FHA loans, and 9% purchased with VA loans. The remaining buyers used other loan types.

Whether you’re buying your first home or looking for a property that better fits your current needs, I’d love to help.

Reach out and I’ll connect you with one of my trusted lender partners who can walk you through your financing options. Once we know what lending option is best for you, we can start the search for your next home.

Click Below to View the Complete Newsletter:
August Newsletter