Sections

Weather Forecast

Close

Dakotas among highest, lowest in home down payments

Down payment graphic
News Mitchell,South Dakota 57301 http://www.mitchellrepublic.com/sites/default/files/styles/square_300/public/0B27UVxb6ZoGTXzQ3ZGlCZjg2RWs.jpg?itok=9kNfuU0S
The Daily Republic
Dakotas among highest, lowest in home down payments
Mitchell South Dakota 120 South Lawler 57301

The Dakotas have among the highest — and lowest — home loan down payment percentages in the nation.

Lendingtree looked at what home buyers put down on homes across the United States.

North Dakotans place the smallest percentage down on a home at 12.31 percent. South Dakotans place the seventh highest percentage down at 16.64 percent. The national average is 15.78 percent down.

New Jersey residents put the highest percentage down on a house in the U.S. at 19.36 percent.

Advertisement