Saving up for a down payment is one of the biggest challenges for aspiring first-time homebuyers. A typical down payment can range from 5 to 20 percent of a home’s purchase price–that’s no small chunk of change. Although it might seem overwhelming to rack up thousands of dollars, practicing some ... » Learn More about How to Save Up for a Down Payment
down payment
How to Save for a Down Payment If You’re Currently Renting
If you are renting an apartment but want to buy your own home, you’ll have to save enough money for a down payment first. The amount will depend on the price of your dream home and the terms of your mortgage, but it’ll most likely be several thousand dollars more than you currently have in your bank ... » Learn More about How to Save for a Down Payment If You’re Currently Renting
