Posted on: 10th Mar, 2013 11:58 pm
Hi there… Need help! How much money should you have in your bank account before you buy a house?
Hi Debbiee,
As far as I know, before you apply for buying a home, you should have around 20% down payment saved in your account. Apart from this, you should also have few months of mortgage payments saved in your account.
Thanks,
Jerry
As far as I know, before you apply for buying a home, you should have around 20% down payment saved in your account. Apart from this, you should also have few months of mortgage payments saved in your account.
Thanks,
Jerry