SONYMA Down Payment Assistance Loan (DPAL) (New York)
State of New York Mortgage Agency (SONYMA) · New York
| Assistance type | Forgivable loan — Forgiven if you meet the terms |
|---|---|
| Amount | Greater of $3,000 or 3% of the purchase price (up to $15,000) |
| Income limit | Not verified on the official page — check the source |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Not verified on the official page — check the source |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | 0% interest, no monthly payments. Minimum $1,000. Part may be repaid if you sell or refinance within 10 years (declines 1/120 per month). Only with a SONYMA mortgage. |
| Official source | https://hcr.ny.gov/down-payment-assistant-loan-dpal (opens in new tab) |
| Last checked | Oct 19, 2026 (manual read (site blocks automated fetch)) |
Go to the official program page ↗ Report a correction
Other New York programs
- SONYMA DPAL PLUS 2026 — Up to $30,000