How Much Do I Need for a Down Payment in Rockwall, TX?

by Delisa Lapinsky

That old 20% rule? It’s mostly a myth. In Rockwall, many buyers get into homes with as little as 3% to 5% down. FHA loans require 3.5%, and VA or USDA loans can mean zero down if you qualify.

For example: on a $400,000 Rockwall home, 5% down is $20,000 — not $80,000. There are also Texas programs designed to help first-time buyers with down payment assistance.

👉 Bottom line: Don’t let the down payment myth hold you back — there are affordable paths to homeownership here in Rockwall.