How Much Do Most Buyers Put Down in Sudbury?
While the minimum is 5%, many Sudbury buyers aim for 10–20% if they can. Why?
Lower monthly mortgage payments
Avoiding mortgage default insurance (required if you put less than 20% down)
Building equity faster
In Sudbury, where average home prices are often lower than in major Ontario cities, saving 20% may be more realistic than in Toronto or Ottawa.