Check Home Buyer’s Plan If you’re looking to buy a property such as a house or condo, you must cover the following requirements: Properties that are $500,000 and less: Minimum 5% down payment. Properties that are between $500,000 and $999,999: Minimum 5% down payment on the first $500,000 and 10% on the rest. Properties that are $1,000,000 and more: Minimum 20% down payment. Properties with...