diff --git a/NEXT_CHANGELOG.md b/NEXT_CHANGELOG.md
index c196e389c0..8fc3c33c3f 100644
--- a/NEXT_CHANGELOG.md
+++ b/NEXT_CHANGELOG.md
@@ -5,5 +5,6 @@
 ### CLI
 
 ### Bundles
+* Fix float precision loss when parsing number-type template variables during `bundle init` (denik/random-bugfixes-3)
 
 ### Dependency updates
diff --git a/acceptance/bundle/templates-machinery/number-precision/databricks_template_schema.json b/acceptance/bundle/templates-machinery/number-precision/databricks_template_schema.json
new file mode 100644
index 0000000000..9a1bfb55a5
--- /dev/null
+++ b/acceptance/bundle/templates-machinery/number-precision/databricks_template_schema.json
@@ -0,0 +1,9 @@
+{
+    "properties": {
+        "n": {
+            "type": "number",
+            "description": "A number variable",
+            "default": 1.1
+        }
+    }
+}
diff --git a/acceptance/bundle/templates-machinery/number-precision/out.test.toml b/acceptance/bundle/templates-machinery/number-precision/out.test.toml
new file mode 100644
index 0000000000..d560f1de04
--- /dev/null
+++ b/acceptance/bundle/templates-machinery/number-precision/out.test.toml
@@ -0,0 +1,5 @@
+Local = true
+Cloud = false
+
+[EnvMatrix]
+  DATABRICKS_BUNDLE_ENGINE = ["terraform", "direct"]
diff --git a/acceptance/bundle/templates-machinery/number-precision/output.txt b/acceptance/bundle/templates-machinery/number-precision/output.txt
new file mode 100644
index 0000000000..7b07f8a5b5
--- /dev/null
+++ b/acceptance/bundle/templates-machinery/number-precision/output.txt
@@ -0,0 +1,6 @@
+
+>>> [CLI] bundle init .
+✨ Successfully initialized template
+
+>>> cat number.txt
+n: 1.1
diff --git a/acceptance/bundle/templates-machinery/number-precision/script b/acceptance/bundle/templates-machinery/number-precision/script
new file mode 100644
index 0000000000..e15c9e54dc
--- /dev/null
+++ b/acceptance/bundle/templates-machinery/number-precision/script
@@ -0,0 +1,4 @@
+trace $CLI bundle init .
+
+trace cat number.txt
+rm number.txt
diff --git a/acceptance/bundle/templates-machinery/number-precision/template/number.txt.tmpl b/acceptance/bundle/templates-machinery/number-precision/template/number.txt.tmpl
new file mode 100644
index 0000000000..cb1344deb3
--- /dev/null
+++ b/acceptance/bundle/templates-machinery/number-precision/template/number.txt.tmpl
@@ -0,0 +1 @@
+n: {{ .n }}
diff --git a/libs/jsonschema/utils.go b/libs/jsonschema/utils.go
index b9df7da515..cb25393075 100644
--- a/libs/jsonschema/utils.go
+++ b/libs/jsonschema/utils.go
@@ -110,7 +110,7 @@ func fromString(s string, T Type) (any, error) {
 	case BooleanType:
 		v, err = strconv.ParseBool(s)
 	case NumberType:
-		v, err = strconv.ParseFloat(s, 32)
+		v, err = strconv.ParseFloat(s, 64)
 	case IntegerType:
 		v, err = strconv.ParseInt(s, 10, 64)
 	case ArrayType, ObjectType:
diff --git a/libs/jsonschema/utils_test.go b/libs/jsonschema/utils_test.go
index 954c723d3f..d0a46e6788 100644
--- a/libs/jsonschema/utils_test.go
+++ b/libs/jsonschema/utils_test.go
@@ -95,8 +95,7 @@ func TestTemplateFromString(t *testing.T) {
 
 	v, err = fromString("1.1", NumberType)
 	assert.NoError(t, err)
-	// Floating point conversions are not perfect
-	assert.Less(t, (v.(float64) - 1.1), 0.000001)
+	assert.Equal(t, 1.1, v)
 
 	v, err = fromString("12345", IntegerType)
 	assert.NoError(t, err)
@@ -104,7 +103,7 @@ func TestTemplateFromString(t *testing.T) {
 
 	v, err = fromString("123", NumberType)
 	assert.NoError(t, err)
-	assert.InDelta(t, float64(123), v.(float64), 0.0001)
+	assert.Equal(t, float64(123), v)
 
 	_, err = fromString("qrt", ArrayType)
 	assert.EqualError(t, err, "cannot parse string as object of type array. Value of string: \"qrt\"")