Saving for a down payment is one of the biggest obstacles to homeownership in the United States, even for buyers who can afford monthly mortgage payments. Having to gather thousands of dollars upfront ...

A down payment is the portion of a home’s purchase price the buyer isn’t financing with a mortgage. The amount is paid upfront at closing. Depending on the buyer’s finances and the type of loan, down ...

Discover why a down payment often trumps a trade-in when buying a car. Maximize your value and avoid dealer pitfalls with ...

It's a tough time to be a homebuyer. In an environment of historically high interest rates and stubborn listing prices, the dream of homeownership is as elusive as ever. But it's even harder to buy a ...

Giving your child money toward a down payment can help them save money and borrow less when buying a home. This can be especially helpful when they're dealing with soaring home prices and ...

Learn how to buy a car with no down payment and avoid high interest rates. Boost your credit, shop for better terms, or ...

The number of these programs, which come from a range of sources, is rising in the United States, but there are barriers to entry. By Heather Senison When Benjamin Sar’s friend suggested he save up to ...

A USDA loan does not have a minimum credit score set by the federal agency, but lenders may require a score of at least 580 to 620.

Even though down payments remain an obstacle to prospective homebuyers across the country, affordability conditions have improved significantly in the past three years. That’s the key takeaway from a ...