Choice Financial Blog

Downpayment 101: What You Need to Know Before You Buy

Downpayment 101: What You Need to Know Before You Buy

Greg Kalanjian
Published on: 12/03/2026

I was on the phone with a young couple from Ottawa the other day. They’re renting, they’re saving, and they’re ready to buy—but they kept coming back to the same question: "Greg, how much do we actually need to put down? And where can it come from?"