• Takumidesh@lemmy.world
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    1 year ago

    A house is 1/5th of your annual income and you can’t save up a down payment?

    A 20% down payment for you is only 2 weeks of your salary.

    You could save income of about 6 hours worth of work each week to have a 20% down payment in a year

    With an FHA loan, a down payment is 0.6% of your annual income.