Retirement
Insurance
Investment
Pers Finance
Estate
Taxes
Your Down Payment
The best answer and advice that we can give you is to look at this question (and answer) in several ways;
- how much will you need to make the payments affordable?
- how much will you need in order to avoid PMI (Primary Mortgage Insurance)?
- how much will you need in order to qualify for a mortgage?
Once you know the answer to these questions, then you'll know how much you'll need to save in order to purchase your home. The attached calculator is designed to tell you how much you'll need to put aside [periodically] in order to move to the next step.
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