Accumulate Finances for Down-Payment Savings need to be around 20 percent to make your down payments. You will need money to pay off the closing costs; you can easily get the average closing costs in through any bank rate. Better search out for down-payment assistance along with banking your money. Internet can turn out to be very helpful. You can search out for down-payment assistance on the internet. You can also go for negotiation with the seller to pay a portion of the closing costs.