What can you expect the down payment on at mortgage loan to be?

The down payment on a mortgage loan typically ranges from 3% to 20% of the home's purchase price, depending on the type of loan and lender requirements. For conventional loans, a 20% down payment is often recommended to avoid private mortgage insurance (PMI). However, government-backed loans, such as FHA loans, may allow for lower down payments, sometimes as low as 3.5%. Ultimately, the specific down payment amount you can expect will depend on your financial situation and the lender's policies.