Archive: September 2017

How To Save for a Down Payment

Setting Aside Five Figures?
Getting a down payment together is not as difficult as you may think -- if you go about it the right way.

CNN Money outlines the key steps to save up the money you need for a down payment on a new home:

  • Figure out how much house you can afford
  • Set a savings plan
  • Speed up the process

You may also want to consider borrowing from your 401(k).

If saving for 20% down just isn’t possible, the article offers some additional thoughts. Read the full piece here: