What percentage needs to be put up as a down payment on a vacation home?

Typically, a down payment for a vacation home ranges from 10% to 30% of the purchase price. Some lenders may require at least 20% to avoid private mortgage insurance (PMI), especially for investment properties. The exact percentage can vary based on the lender, the buyer's creditworthiness, and the property's location. It's advisable to check with specific lenders for their requirements.