May 21, 2025
How much should you really save before buying a home? Let’s break it down together ➡️
We’re talking about the essentials—no down payment assistance, no grants, no seller help. Just the real numbers to plan with.
✅ Down Payment: You can start with just 3% down. On a $420K home, that’s $12,600. ✅ Closing Costs: Typically another 3%, so plan for an additional $12,600. ✅ Emergency Fund: It’s smart to have 3–6 months of mortgage payments saved. At $2,500/month, you’ll want at least $7,500.
That brings your total to around $32,700+ to step into homeownership with confidence.
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