Are you paying a lot for rent in Fergus Falls? Using comparative statistics for Minnesota, you could feasibly save for a down payment (FHA) in less than a year.
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state? Continue reading “How Fast Can You Save for a Down Payment?”