How much do I really need for a down payment?
Less than most people think. Many buyers put down 3%–5%, FHA allows 3.5%, and some VA and USDA loans allow 0% for those who qualify. You don't need 20% to buy — though putting down more lowers your payment and can remove mortgage insurance.
The myth that you need 20% down keeps a lot of people renting longer than they need to. You usually don't.
Many first-time buyers put down 3% to 5%. FHA loans allow 3.5%. If you're a veteran or buying in an eligible rural area, VA and USDA loans can allow 0% down. There are also down-payment assistance programs in Florida worth exploring.
Putting down more does help — it lowers your monthly payment and, at around 20%, lets you avoid or remove mortgage insurance. But 'more' and 'possible' are two different things, and the right number is the one that fits your budget without draining your savings.
Don't forget closing costs on top of the down payment. When you're ready, I'll help you map out the full cash-to-close picture so there are no surprises.
This answer is general education, not legal, tax, or financial advice. Your situation is unique — let's talk through the specifics together.