How Much Money Should I Save Before Buying a House?

Matthew Kent
Money: The Simple Way
6 min readApr 12, 2024

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Foto de Francesca Tosolini en Unsplash

Let’s start with the bad news: Houses are outrageously expensive. So the generic answer of how much money you need is “a lot.” But you already knew that.

How much do you actually need to save before buying a house?

I’m going to make the case for 26% of the purchase price plus about $10,000. That might sound unreasonable, but I’m going to defend it…

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Matthew Kent
Money: The Simple Way

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