The Truth About Down Payments: What Atlanta Buyers Really Need

Buying a home in Atlanta? You might be surprised at how little cash you really need to get started.

Let’s clear up one of the biggest myths in real estate: You do NOT need 20% down to buy a home.

💡 What Most Atlanta Buyers Actually Pay

• FHA loans: As little as 3.5% down with a credit score of 580 or higher
• Conventional loans: Some programs allow 3–5% down
• VA & USDA loans: 0% down if you qualify

If you’re buying a $400,000 home, that means you could need as little as $12,000–$14,000 upfront.

🏦 Down Payment Assistance Is Available

Georgia has several programs: Georgia Dream, Invest Atlanta, and ATL Home Renovation Advantage.

💸 Why This Matters Now

With Atlanta home prices staying strong, waiting to “save more” can sometimes cost you more in appreciation and interest.

📲 Ready to Run the Numbers?

Let’s look at what you actually qualify for—and what’s realistic for your budget.