How to Save to Buy a House: 21 Ideas For Stacking Up Down Payment Cash
Prepping for a home purchase? We asked experts how to save to buy a house to help you reach your down payment goal faster.
Imagine for a moment that you open the door to a warm, beautiful home, and everything in front of you is yours — not just the furniture and knick-knacks, but also the walls, ceiling, floors, and foundation.
For many adults who are accustomed to renting the places they call home (and equally accustomed to dealing with the hassles that come with it — short-term leases, zero financial equity, and, ahem, landlords), first-time homeownership can feel like an impossible dream. They don’t teach you how to save to buy a house in school, unfortunately.
Save thousands when buying a home
HomeLight-recommended real estate agents are top-tier negotiators who understand the market data that helps you save as much as possible when buying your dream home.
We’re here to tell you it is possible to plan towards having your very own home.
In this article, we’ve grouped our tips and tricks into three helpful categories around planning your buying strategy, cutting expenses, and boosting your income to guide you through variables to consider as you prepare to budget. We’ll explain how to save to buy a house and teach you exactly how to turn that homeownership pipe dream into a dream come true!