What Works Now - Savings - Key Takeaways

How much savings do you really need?

• Learn how much money you should have on hand when planning to buy a home.

• Consider how much to put down on your home, know your lender's requirements and what a higher or a lower down payment will mean for you.

• Consult your lender and keep cash on reserve for a down payment, closing costs, property taxes, insurance, utilities and unexpected expenses.

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