How Much Should I Have Saved To Buy A House May 2026

Many first-time buyers use conventional loans with 3% down or FHA loans at 3.5% .

Often the biggest "cash shock," these fees cover loan origination, appraisals, title insurance, and government taxes. On a $400,000 home, expect $8,000 to $24,000 . how much should i have saved to buy a house

Traditionally recommended to avoid Private Mortgage Insurance (PMI) and secure better interest rates. Many first-time buyers use conventional loans with 3%