Saving for a down payment for a house can be a stressful and challenging process. Don’t let the hurdles of a down payment discourage you from home ownership. The tips below can help with achieving your down payment goals and reducing the stress of an initial down payment for your new home!
- Develop a budget for your down payment – How much do you want to save for a down payment? 5%...10%...20%? Any level is achievable with a budget and savings plan. Remember — the more your down payment is, the less you’ll owe per month on your mortgage and the less you’ll pay in interest over…