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Amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by age
Amount of down payment people believe is reasonable for a mortgage U.S. 2017, by age
This statistic shows the amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by age. During the survey, 18 percent of respondents aged 18 to 34 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 age
15% or higher10% or lower
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Source

Release date

July 2017

Region

United States

Survey time period

May 8 to 17, 2017

Number of respondents

1,501 respondents

Age group

18 years and older

Method of interview

Telephone interview

Supplementary notes

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?"

Amount of down payment people believe is reasonable for a mortgage U.S. 2017, by age
This statistic shows the amount of down payment people believe is reasonable for a mortgage in the United States in 2017, by age. During the survey, 18 percent of respondents aged 18 to 34 said that they believed a 15 percent or higher down payment was reasonable for a mortgage.
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