How Much You Can Expect to Pay for a Down Payment in 34 U.S. Metro Areas

The down payment for your home is a significant sum, and it can vary greatly depending on where you live. Forbes provides the average 20% down payment costs across 34 major metropolitan areas.

Using data from Zillow, Forbes compiled the average home prices in various metropolitan regions. From there, based on a 20% down payment, they calculated what you'd typically pay in each area. Forbes found that the average 20% down payment in the U.S. is $36,500.

Here are a few examples from their list:

• San Jose, CA (highest cost): $182,200

• Los Angeles, CA: $109,580

• Portland, OR: $60,180

• New York-Northern New Jersey: $75,800

• Las Vegas, NV: $38,920

Forbes notes that, naturally, the figures will fluctuate depending on the specific location within the metro area and the type of home you’re aiming to buy. However, this gives you a rough estimate of what you can anticipate saving, assuming a 20% down payment, in those regions. For more cities, check out the full article.

Photo by Dan Moyle.