While a 20 percent down payment is ideal, putting that much down presents a hurdle for most homebuyers. In its report, the NAR states that homebuyers who finance their homes typically borrow about 90 percent of the purchase price, with first-time buyers financing 95 percent and repeat buyers borrowing 86 percent.

The down payment.Cue the dramatic, fear-filled suspense music. Yeah, it’s scary. Coming up with enough cash to put down when buying a house is the single biggest roadblock for most hopeful home.