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investing Tag

28 Feb Want to buy a house? Here’s how to save for a down payment

Want to buy a house? Here’s how to save for a down payment Thinking about buying a house within the next 3 years? Or a bit farther down the road? Timing is everything and it turns out that simple question makes a difference. According to Zillow, the median home value in Diamond Bar is $697,000. So how much of that should you put down? Down payments vary depending on the loan type, but in general they are: 0% for VA loans 3.5% for FHA loans 20% for conventional loans Or use this handy down payment calculator to help you 20% is the recommended down payment on a...

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