Down payment requirements vary from the different loan types.
Purchase Price $112,000.00
Conventional 5% or $5,600
FHA (Federal Housing Administration) 3.5% or $3,920
VA (Veterans Administration) 0% or $0.00
USDA (U.S. Department of Agriculture) 0% or $0.00
*in order to obtain a USDA loan the property has to be located in an approved area and there are income restrictions. in order to check eligibility you can go here.
I hope this information helps
Matthew Casey 614-638-8453