Think you need 20% down to buy a house? Think again.
That outdated myth might be the reason you’re still renting. In this video, we break down exactly how your down payment affects the maximum home price you can afford, based on your budget, not someone else’s rulebook.
We walk through real mortgage math, using $1,500/month as our housing budget and today’s interest rates to show you what buyers with 20%, 10%, or 5% down can actually afford, including property taxes, insurance, and HOA dues.
Whether you're a first-time homebuyer, a millennial trying to break into the market, or just tired of saving toward an arbitrary number, this episode gives you clarity on:
How much house can you afford at different down payment levels
Why aiming for a 20% down payment isn't always necessary
How lenders calculate what you can qualify for
What to do if your current savings don’t match the home you want
How to plan your next steps in a high-rate, high-price housing market
This is a no-fluff, numbers-based breakdown for real people who want real answers. If you’re buying a home in 2025, this is the episode you need to watch before setting your savings goal.
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