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Old 01-30-2007, 02:52 PM
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Fern Fern is offline
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Default Re: How much would I need to make a down payment on a HOME...

What housing market do you live in? Does it have to be in that price range?

Don't forget it's not just about the down payment. It's also about how much you can afford to fork over each month toward your mortgage. If you have a modest salary, you will need a down payment that's larger than 20%.

That was my situation 10 years ago; i saved until i could put down nearly half on a $209,000 home.
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