How to Save Money for a House on a Tight Budget

With an average price of $212,000 and a ‘typical’ down payment of 30%, you’re dream of owning a home requires you come up with just over $63,000 cash to put down on your home, and many Americans have no concept of how to save money for a house like that. That’s a lot of money and excessively out of reach for the average American. Even a small, simple and quaint $100,000 home requires a down payment of thirty grand. Of course, home buying in America is not always as expensive as that anymore. Today, it’s more than common for buyers to qualify for any number of different mortgage options that allow them to purchase a new home without the standard 30% as a down payment. In fact, USDA loans, VA loans and loans from Navy Federal Credit union do not require that any buyer puts any money down on a…