On an illustrative Stevenson Ranch purchase price of $1,100,000, a 20% down payment is about $220,000, 10% is about $110,000, and an FHA minimum of 3.5% is about $38,500. These are simple percentages of an illustrative price - your actual down payment depends on the specific home, loan program, and lender, and you'll also need closing costs and reserves. Brian is a REALTOR®, not a lender - confirm real numbers with a loan officer.
Down payment at an illustrative $1,100,000 Stevenson Ranch example price
| Down payment | Approx. amount |
|---|---|
| 3.5% (FHA minimum) | $38,500 |
| 10% (conventional) | $110,000 |
| 20% (avoids PMI) | $220,000 |
These are arithmetic illustrations on a $1,100,000 example price, not a quote. Stevenson Ranch's ZIP 91381 — its only ZIP — posted a June 2026 median of $1,574,000 across 10 single-family sales, a small sample, per the Chicago Title Market Trend Report (June 2026 full-value sales, compiled from MLS and public recorded data), pulled 2026-08-15, so a typical detached home can require a larger down payment. Loan programs (FHA, VA, conventional, jumbo) carry different minimums, and higher-priced Stevenson Ranch homes may require jumbo financing with different terms.
Frequently Asked Questions
What down payment do I need in Stevenson Ranch?
On an illustrative Stevenson Ranch purchase price of $1,100,000, a 20% down payment is about $220,000, 10% is about $110,000, and an FHA minimum of 3.5% is about $38,500. These are simple percentages of an illustrative price - your actual down payment depends on the specific home, loan program, and lender, and you'll also need closing costs and reserves. Brian is a REALTOR®, not a lender - confirm real numbers with a loan officer.
Can I buy in Stevenson Ranch 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.
