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lap2626

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How much money should I save for a down payment on a house worth $130,000

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20% +

Helpful to 2 out of 2 people

Make sure you save more like 30%. You will have lots of expenses to furnish/fix etc. when you first move in. You won't want to go into credit card debt to pay for those other things.

Top Contributor
327 Contributions
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20%

Helpful to 2 out of 2 people

20% or more is the best. You will avoid PMI and get the best rates.

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