Aim for 20% to avoid PMI, but 3.5% (FHA) or 3% (Conventional) is often possible.
Stop using standard savings accounts; use an HYSA to earn 4-5% interest. tips for saving money to buy a house
💡 Check for Down Payment Assistance (DPA) programs in your state; many offer grants for first-time buyers that don't need to be repaid. To give you more specific advice, let me know: What is your target home price ? What state or city are you looking in? What is your expected timeline (6 months, 2 years, etc.)? Aim for 20% to avoid PMI, but 3
AI responses may include mistakes. For financial advice, consult a professional. Learn more Aim for 20% to avoid PMI
Pay off high-interest credit cards first to improve your Debt-to-Income (DTI) ratio. 🏠 Understand the Real Costs
