How Much Down Payment Do Homebuyers Need?

As the obstacles to owning a home become more pronounced in the wake of the housing bust, how much money should homebuyers set aside for a down payment? Unsurprisingly, cash is still king in today's market, especially as mortgage lenders raise the bar for credit worthiness.

That said, down payment options range from zero dollars all the way up to 20 percent and beyond. The trick is to keep your monthly mortgage payment to a reasonable amount now, without breaking the bank later.

To help you strike the perfect balance for your home purchase, watch the original AOL video below.