ERA Real Estate | Central Arkansas Homes for Sale

Tuesday, October 17, 2017

Tips for Saving Up for a Down Payment

DAILY REAL ESTATE NEWS | THURSDAY, SEPTEMBER 07, 2017 

About 60 percent of home buyers put 6 percent or less down on their home purchase, according to data from the National Association of REALTORS®. Considering the median existing-home price is $258,300, a 6 percent down payment would be $15,498.
Some aspiring buyers may be unsure of how to come up with that amount. But there are plenty of seemingly simple things they can do to start saving. NAR offers the following infographic.



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