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First-time buyers
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Do you need 20% down to buy a home in Denver?
No. Many loans allow 3% to 5% down, FHA loans allow 3.5%, and CHFA and metroDPA offer down payment help to buyers who qualify. Putting less down means a higher monthly payment and, usually, mortgage insurance.
How much money you need to buy a home in Denver or Boulder
Plan for the down payment plus closing costs of roughly 1.5% to 3% of the price, and keep some savings after closing. On a $500,000 home with 5% down, that's $25,000 down and about $7,500 to $15,000 in closing costs.
Work with Brett
Whether you're starting your home search, thinking about selling, or just have a question, Brett will reply within a few hours on business days. The first conversation is a short call, or coffee if you're nearby.
Call or text 786.301.6015
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