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down payment

Financing & Insuring

How to Save Money for a Down Payment: 7 Strategies

September 14, 2018
House with coins and dollars

Saving for a down payment on a new home might feel daunting, but small daily changes can make a big difference when it comes to setting aside money for a large purchase. We rounded up seven strategies that make it simple to streamline your spending and save up for your dream home—and it’s a lot easier than you think! Shop smart It’s tempting to toss anything that looks good into your grocery cart, but the price of all those products adds up quickly. Instead, plan…

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Financing & Insuring

Down Payment Savings Strategies

January 24, 2014

Whether you’re a renter ready to become a homeowner, or a would-be move-up buyer, saving for a down payment on a house can be a challenge. Depending on your timeframe, how much you need to save and how aggressive you’re willing to be, there are several things you can do to shorten the path to your dream home. Easy, everyday money-saving strategies Create a household budget. There’s a budget worksheet in our free First-time Homebuyer Guide, if you need it. Knowing what you spend each…

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