Posts by tag: $300

3 Apr

How Much Do You Need for a Down Payment on a $300,000 House?

When thinking about buying a $300,000 house, the down payment is often the first hurdle. Knowing how much you need can make this big step feel less daunting, whether you're eyeing that cozy place in the suburbs or an apartment in the city. Depending on your loan type, the down payment can vary widely, and it's crucial to understand all your options, like FHA loans or conventional mortgages. This article breaks down the must-knows about how much to save and smart tips for first-time homebuyers.