Low down payment: FHA
With a minimum down payment of 3.5 percent, the FHA is the low-down-payment option that's available to people with imperfect credit histories.
The FHA charges an upfront premium of 1.75 percent of the mortgage amount. On a 30-year loan with the minimum down payment, there's an annual premium of 0.8 percent of the mortgage amount, or $800 a year for each $100,000 borrowed -- $66.67 a month for a $100,000 loan.
Shop FHA-approved lenders today.