On an illustrative Van Nuys price of $1,002,000 (the June 2026 median single-family sale price, Chicago Title Market Trend Report, pulled 2026-08-15), a 20% down payment is about $200,400, 10% is about $100,200, and an FHA minimum of 3.5% is about $35,070. Van Nuys 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 Van Nuys price
| Down payment | Approx. amount |
|---|---|
| 3.5% (FHA minimum) | $35,070 |
| 10% (conventional) | $100,200 |
| 20% (avoids PMI) | $200,400 |
These are arithmetic illustrations on an example price ($1,002,000); Van Nuys 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 Van Nuys?
On an illustrative Van Nuys price of $1,002,000 (the June 2026 median single-family sale price, Chicago Title Market Trend Report, pulled 2026-08-15), a 20% down payment is about $200,400, 10% is about $100,200, and an FHA minimum of 3.5% is about $35,070. Van Nuys 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 Van Nuys 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.
