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®.
Some aspiring buyers may be unsure of how to come up with that amount. But there are plenty of simple things they can do to start saving. NAR offers the following infographic.
Personally, I am doing #1 #2 #3 because I hate to waste money. Brown bagging lunch in the Los Angeles Metropolitan Area can save more than $2000 a year per person. It is good for your health, too.
Buying everything online and never set foot in shopping malls or physical stores (except for grocery stores) save a great amount of time and money in my experience.