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why2015

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how much money do i need to save for a home thats about 239,000

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new home

how much money do i need to save for a home thats about 239,000 for the year?

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You mean the purchase price is $239000 or mortgage and maintenance is $239000/year?

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Obviously as much as you can, but what a lender will require will vary from lender to lender, I would say that most lenders would want to see twenty percent down, but many would probably go for less. In addition to the down payment, you should also save some for emergency repairs and what not.

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