The minimum down payment required for a house varies depending on the type of loan you choose and the lenders requirements. Here are some examples:

• Federal Housing Administration (FHA) loans require a minimum down payment of 3.5% .
• Conventional loans can require as little as 3% down payment, provided you meet certain income limits.
• Jumbo loans can require a minimum down payment of 10% .
• VA loans and USDA loans have no down payment requirement at all.
• Second homes typically start at 10% down payment, and investment properties can require as much as 15% to 25% .

Its important to note that if you put down less than 20% on a conventional loan, youll be required to purchase private mortgage insurance (PMI) and likely pay a higher interest rate. However, putting 20% down is no longer considered the standard down payment on a house, and many home buyers put down less than that.