While the "20% down" rule is the gold standard for avoiding , most first-time buyers pay much less. FHA Loans: Require as little as 3.5% . Conventional Loans: Some programs allow for 3% down. VA or USDA Loans: If you qualify, these can be 0% down.
Buying a house is less about one "magic number" and more about clearing three specific financial hurdles. 1. The Down Payment (3% to 20%) how much money should you save to buy a house
Example: Aim for at least tucked away for emergencies. The Realistic Total While the "20% down" rule is the gold