How Much Down Payment Will I Need to Provide?
Updated 7 days ago (March 6, 2026)
The borrower and the lender will agree upon the proportion of the purchase price to be paid as the down payment.
Generally speaking, the higher the down payment is, the lower the initial interest rates will be. On the other hand, a higher down payment will be a higher risk to the borrower if they decide to back out of the mortgage contract.
When applying for a mortgage, try to negotiate with the lender for a down payment that strikes a balance between a lower interest rate and a higher down payment.
Financial Disclaimer: Tellus provides this content for informational purposes only. This is not financial advice. Financial returns and mortgage terms vary based on individual circumstances and market conditions. Consult a qualified financial advisor before making financial or borrowing decisions.