Aim to keep your total monthly housing payment (including taxes and insurance) at or below 30% of your gross monthly income .
Budget for 2% to 5% of the home's purchase price. how to start saving money to buy a house
Experts recommend keeping 3 to 6 months of living expenses in an emergency fund separate from your down payment. Aim to keep your total monthly housing payment
While 20% is optimal for lower monthly payments, first-time buyers in 2025 had a median down payment of 9%. how to start saving money to buy a house