Infographic: A Dollar a Day: Simple Ways to Save For a Down Payment

NAR

Wed, 06 Sep 2017 17:56:46 +0000

Approximately 60 percent of homebuyers financed their home using a 6 percent ? or less ? down payment, according to data from the National Association of REALTORS. With the most recent median existing-home price clocking in at $258,300, a 6 percent down payment is $15,498.

Here are some simple suggestions from NAR on how potential buyers can cut costs and save for that down payment.

Downpayment savings ideas


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