Saving for a down payment is potentially the biggest hurdle to homeownership among young or first-time home buyers.

Putting 20% down on a mortgage allows buyers to avoid mortgage insurance and keep monthly payments lower.

Lately, the 20% down payment standard has become less attainable for today’s home shoppers.

According to the 2018 Zillow Group, only 43% of buyers nation-wide are putting down 20% or more. Almost one-fourth of buyers put down only 5% or less.

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