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Rhonda Haynes

Answers by Rhonda Haynes

1 answers · 5 pts

Is $10000 enough for a downpayment?

Asked by Adele G | Raleigh, NC | 03-10-2026

Rhonda Haynes
Rhonda Haynes03-10-2026 (1 month ago)

Adele, depending on the area you live in or where you're buying and the price point you are looking for, $10,000 should be enough. If you are a first time homebuyer, there may be downpayment assistance available or a 0% down loan program depending on your credit score. Check with a Loan Officer at your bank to find out what programs they have available.