Newlyweds ask for down payment assistance at wedding gifts

Weddings postpone the homeowner

For many couples, the costs of a wedding are at the expense of a larger down payment or the house bending process completely slows down.

Thirty -five percent of respondents Said their wedding delayed their purchase of home, while 36% said they had finally put less money on a house due to wedding costs. Another 41% of those who have made a down payment said they wish they had contributed more.

“Weddings are incredibly expensive today. For most Americans it means choosing between a large wedding or a decent mortgage improvement,” said Matt Schulz, Chief Consumer Finance Analyst from LendingTree.

More than half of the respondents (52%) said they chose a smaller wedding to pay for a larger house. That share was even higher among the newlyweds of Gen Z (56%) and couples with children (56%). Among those who have made a down payment, 59% spent more on their house than to their wedding.

The average down payment of newlywed homeowners was $ 46,741. For context, the median deposit for first buyers was 9% of the purchase price in 2024, according to the National Association of Realtors.

“Given that the median house price is more than $ 400,000, most buyers are far from 20%to be put down,” said Schulz. “Nobody can expect this to change soon.”

Homebuying versus wedding planning

Although both milestones are important financial and emotional companies, more recently true that the home heading process was the greater source of stress.

Thirty -six percent said that buying a house was more stressful than planning a wedding, while 33% said the opposite. The remaining 31% found both equally challenging. When it comes to conflicts, 36% of the respondents said that marriage planning caused more arguments with their partner, compared to 33% that pointed to house couplings.

“Control of what you can arrange is one of the best ways to reduce stress for Thuisbuying,” said Schulz.

He orders to compare mortgage interest, to clearly communicate with a partner and to set realistic financial expectations in the beginning.

Because couples are increasingly giving priority to financial goals in the long term, Schulz said it is important to coordinate decisions with values.

“You have the greatest possibility of happiness when your decisions match your values, goals and priorities,” he said. “Talk early with your partner. Once you have paid all that money for a wedding, you can’t get it back.”