Size of down payment home buyers put down in the U.S. 2019, by generation

In 2019, 62 percent of Gen Z and Millennial home buyers put down a down payment of less than 20 percent when buying their current home in the United States, whereas only 42 percent of Boomers and Silent Generation buyers did the same.

Share of home buyers who put down less than 20 percent for down payment in the United States in 2019, by generation

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Source

Release date

October 2019

Region

United States

Survey time period

April 17 to May 22, 2019

Number of respondents

3,000 respondents

Special properties

primary (or joint) decision-maker in household, moved primary residence in past 12 months, and still live there

Method of interview

Online survey

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Statistics on "Millennial homeownership in the United States"

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