How Much Should I Have Saved Before Buying A: House

On a , expect to pay between $8,000 and $20,000 in closing costs.

These costs vary significantly by location; for instance, averages in D.C. are much higher than in states like South Dakota. 3. Cash Reserves & Emergencies (3 to 6 Months) how much should i have saved before buying a house

To safely buy a house, you should aim to have saved. This broad range covers the three primary "buckets" of homebuying costs: your down payment, closing costs, and a post-move-in cash reserve. 1. The Down Payment (3% to 20%) On a , expect to pay between $8,000