(c) 2013, The Washington Post.

(c) 2013, The Washington Post.

A May 2013 study by LendingTree shows that the average down payment for a 30-year fixed rate conventional loan has dropped 9.4 percent in two years.

Top 5 states with the highest average:

State Average loan amount Down payment percent

1. New Jersey $277,699 20.5%

2. California $282,310 19.1%

3. New York $263,831 19.0%

4. Massachusetts $264,666 18.3%

5. Hawaii $290,910 18.2%

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Top 5 states with the lowest average:

State Average loan amount Down payment percent

1. Mississippi $186,297 11.9%

2. West Virginia $171,289 12.0%

3. Alabama $198,424 12.4%

4. Kansas $183,987 12.7%

5. Missouri $172,999 13.2%

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