Down payment assistance

Down payment assistance in Idaho

1 program can help buyers in Idaho with a down payment and closing costs. Most are for first-time buyers with moderate incomes and are used with a participating lender.

Check which programs fit your situationDown payment assistance finder

Idaho Housing Down Payment and Closing Cost Assistance (Second Mortgage)

Open · Repayable loan

Up to 8% of the sales price

A second mortgage paired with an Idaho Housing first mortgage, repaid in monthly payments alongside the first. Idaho Housing's flyer sets the rate at 2% above the first mortgage rate over 15 years. Idaho Housing also mentions a forgivable loan option, but I didn't find its terms.

Who qualifies: Available to first-time and repeat buyers. Household income at or below $170,000 (some loan programs lower). Buyer contributes at least $500 of their own funds. Finally Home! homebuyer education required. Apply through an Idaho Housing lending partner.

Idaho Housing and Finance Association · Agency website → · Checked 2026-09-30

How assistance usually works

Most programs are a second loan with no monthly payment that is forgiven over time or repaid when you sell or refinance, and some are grants. You usually need a program first mortgage from a participating lender, a homebuyer education course and income under the program’s limit. Apply before you make offers, so your pre-approval reflects the help.

More for Idaho

Idaho closing costs Idaho property taxes Where can I afford to buy in Idaho?Down payment timeline

Programs change often; confirm the details with the agency.