Much Money Should I Save To Buy A House — How

: This is your initial equity stake. While 20% is often cited to avoid Private Mortgage Insurance (PMI) , first-time buyers in 2025 put down a median of just 9% .

: These are upfront, out-of-pocket costs required before closing. How Much to Save Before Buying a House in 2026 - Opendoor how much money should i save to buy a house

: These are fees for finalizing the loan, including appraisals, title insurance, and taxes. On a $400,000 home, expect to pay $8,000 to $20,000 at the closing table. : This is your initial equity stake