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1 October
5:33 pm

With a four hundred thousand dollar house, a first time home buyer at twenty percent down has to come up with eighty thousand dollars.

Supported

Rick Bennett, at Maine Governor General Election Debate (NEWS CENTER Maine)

5:33 pm
Why this verdict View evidenceHide evidence
Why we checked itThis is a specific mathematical claim about standard down payment requirements used to justify his housing policy proposal. The arithmetic is straightforward to verify (20% of $400,000 = $80,000), and it frames the policy rationale.
What we foundA 20% down payment on a $400,000 home is exactly $80,000, confirmed by multiple independent financial sources through direct calculation.
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