On an illustrative Reseda price of $850,000 (the June 2026 median single-family sale price, Chicago Title Market Trend Report, pulled 2026-08-15), a 20% down payment is about $170,000, 10% is about $85,000, and an FHA minimum of 3.5% is about $29,750. Reseda prices vary widely by ZIP and segment, so use these as examples - your real down payment depends on the specific home, loan program, and lender. Brian is a REALTOR®, not a lender.
Down payment on an example Reseda price
| Down payment | Approx. amount |
|---|---|
| 3.5% (FHA minimum) | $29,750 |
| 10% (conventional) | $85,000 |
| 20% (avoids PMI) | $170,000 |
These are arithmetic illustrations on an example price ($850,000); Reseda spans a wide range by ZIP and home type, and higher-priced homes may require jumbo financing. Confirm real numbers with a licensed lender.
Frequently Asked Questions
What down payment do I need in Reseda?
On an illustrative Reseda price of $850,000 (the June 2026 median single-family sale price, Chicago Title Market Trend Report, pulled 2026-08-15), a 20% down payment is about $170,000, 10% is about $85,000, and an FHA minimum of 3.5% is about $29,750. Reseda prices vary widely by ZIP and segment, so use these as examples - your real down payment depends on the specific home, loan program, and lender. Brian is a REALTOR®, not a lender.
Can I buy in Reseda with less than 20% down?
Often yes - conventional loans can go as low as 3-5% and FHA to 3.5% for those who qualify, with mortgage insurance; VA loans may allow 0% for eligible borrowers. Confirm with a licensed lender.
