{"id":1172,"date":"2025-07-20T08:02:15","date_gmt":"2025-07-20T18:02:15","guid":{"rendered":"https:\/\/oahure.com\/oahu-real-estate\/?p=1172"},"modified":"2025-07-20T08:02:16","modified_gmt":"2025-07-20T18:02:16","slug":"debunking-the-20-down-payment-myth-what-buyers-on-oahu-really-need-to-know","status":"publish","type":"post","link":"https:\/\/oahure.com\/oahu-real-estate\/debunking-the-20-down-payment-myth-what-buyers-on-oahu-really-need-to-know\/","title":{"rendered":"Debunking the 20% Down Payment Myth \u2014 What Buyers on Oahu Really Need to Know"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-1024x683.jpg\" alt=\"\" class=\"wp-image-1173\" srcset=\"https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-1024x683.jpg 1024w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-300x200.jpg 300w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-768x512.jpg 768w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-1536x1024.jpg 1536w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2025\/07\/sandy-millar-G-Aj03ckq0w-unsplash-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">One of the biggest misconceptions keeping buyers on the sidelines \u2014 especially here in Hawaii \u2014 is the belief that you need <strong>20% down<\/strong> to buy a home.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s simply not true.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the National Association of Realtors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>First-time buyers<\/strong> typically put down <strong>just 6\u20139%<\/strong><\/li>\n\n\n\n<li>The national average hasn\u2019t even hit 10% in decades<\/li>\n\n\n\n<li><strong>FHA and VA loans<\/strong> allow qualified buyers to purchase with as little as <strong>3.5% or even 0% down<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83e\udde0 So how are people buying homes?<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>69%<\/strong> use personal savings<\/li>\n\n\n\n<li><strong>25%<\/strong> get help from family<\/li>\n\n\n\n<li><strong>21%<\/strong> tap other assets like 401(k)s or stock accounts<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In short: if you&#8217;re financially responsible and ready to buy, there are <strong>many ways to get into a home<\/strong> without the mythical 20% down.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcb0 Buy with OahuRE and Get 20% of Our Commission Back<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At <a class=\"\" href=\"https:\/\/www.oahure.com\/buyer.php\"><strong>OahuRE.com<\/strong><\/a>, when you buy a home through us, <strong>we give you 20% of our commission as a rebate<\/strong> at closing \u2014 in <strong>cash or as a closing credit<\/strong>. That\u2019s money you can use for your down payment, closing costs, or just to boost your savings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We also provide:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Direct access to every property in the MLS<\/strong><\/li>\n\n\n\n<li><strong>Transparent data<\/strong> \u2014 no fluff, no sales pitch<\/li>\n\n\n\n<li><strong>Expert guidance<\/strong> from start to finish<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udc49 <a class=\"\" href=\"https:\/\/www.oahure.com\/buyer.php\">Click here to learn more about our Buyer Program<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t let outdated myths stop you from becoming a homeowner. And don\u2019t overpay \u2014 <strong>let us help you get into your home and give you a rebate at the same time.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the biggest misconceptions keeping buyers on the sidelines \u2014 especially here in Hawaii \u2014 is the belief that you need 20% down to buy a home. That\u2019s simply not true. According to the National Association of Realtors: \ud83e\udde0 So how are people buying homes? In short: if you&#8217;re financially responsible and ready to &#8230; <a title=\"Debunking the 20% Down Payment Myth \u2014 What Buyers on Oahu Really Need to Know\" class=\"read-more\" href=\"https:\/\/oahure.com\/oahu-real-estate\/debunking-the-20-down-payment-myth-what-buyers-on-oahu-really-need-to-know\/\" aria-label=\"Read more about Debunking the 20% Down Payment Myth \u2014 What Buyers on Oahu Really Need to Know\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1172","post","type-post","status-publish","format-standard","hentry","category-buying-a-home"],"_links":{"self":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/1172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/comments?post=1172"}],"version-history":[{"count":1,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/1172\/revisions"}],"predecessor-version":[{"id":1174,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/1172\/revisions\/1174"}],"wp:attachment":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/media?parent=1172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/categories?post=1172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/tags?post=1172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}