New York program
New York route through State of New York Mortgage Agency (SONYMA). This page stays free for the core public facts. Open paid access only when you need the full state board, related paths, and the decision layer around this program.
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This page stays public because the official structure is still useful, but these details should not be flattened into fake certainty.
DPAL is live and detail-safe, but it does not replace the base SONYMA mortgage. Income, purchase-price, and education rules follow the paired first-mortgage program.
Decision-ready public facts
Quick answer from published facts. Use this first, then jump to Go to New York program hub if you need the wider state context.
Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
0% no-monthly-payment add-on loan forgiven over time
DPAL is a 0% add-on loan with no monthly payments. After 10 years it is fully forgiven. If the home is sold or the mortgage is refinanced during the first 10 years, the repayable share declines by 1/120 for each month of occupancy, and any shortage after sale is forgiven.
Varies
Program guide
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Buyers using a SONYMA mortgage program, Borrowers meeting the rules of the paired SONYMA first-mortgage program, Owner-occupant buyers working with a participating lender that offers DPAL, Borrowers contributing at least 1% of the purchase price from their own funds, or 3% for co-ops and three- to four-family homes
Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
DPAL is a 0% add-on loan with no monthly payments. After 10 years it is fully forgiven. If the home is sold or the mortgage is refinanced during the first 10 years, the repayable share declines by 1/120 for each month of occupancy, and any shortage after sale is forgiven.
Apply through a SONYMA participating lender that offers DPAL, qualify for a base SONYMA mortgage program, satisfy that base program's education and limit rules, and add DPAL only if the lender offers it and the borrower needs funds for down payment, closing costs, or eligible mortgage-insurance charges.
Current SONYMA materials show DPAL remains a live statewide add-on feature for borrowers using SONYMA mortgages, with 0% interest, no monthly payments, and 10-year forgiveness up to the higher of $3,000 or 3% of the purchase price capped at $15,000.
2026-04-23
current SONYMA DPAL and supporting pages verified 2026-04-23
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Amount: Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
Repayment: DPAL is a 0% add-on loan with no monthly payments. After 10 years it is fully forgiven. If the home is sold or the mortgage is refinanced during the first 10 years, the repayable share declines by 1/120 for each month of occupancy, and any shortage after sale is forgiven.
First-time buyer: Varies
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Paid research preview
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