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How much do I need to save for a downpayment?

April 26, 2017downpayment

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How much do I need to save for a downpayment?

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The amount you’ll need for a down payment depends on several factors, including, the cost of the home and the type of mortgage you get. Usually though, you’ll need to come up with enough money to cover three specific costs: earnest money, downpayment and closing.