Sentences with phrase «save for a down payment on a home at»

We also looked at data on median home values in each state to determine where it would take the longest to save for a down payment on a home at the minimum wage.

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We examine how long it takes for a teacher to save a 20 percent down payment on a home that is listed at the median value in the school district, assuming a 10 percent annual savings contribution.

Saving for a down payment on a home is a big goal and most financial experts recommend that you bring at least 20 percent of the total purchase price to the table when you're ready to buy.

I pride myself on my education, and the fact that I've managed to provide for myself over the years, but must say that when my income hasn't increased much over the past few years due to cutbacks at the public university where I am employed, my student loan bill continues to weigh me down and prevent me from doing other things, like saving a down payment for a new home.

When I look at property values today, especially in cities like Vancouver and Toronto, I am staggered to think of how long it would take a young family to save for a down payment while they pay rent on a home and raise a family.

I suggest that you keep learning, keep asking questions, talk to lenders, look at properties (gcar.net/home will give you all the homes that are listed on the MLS in the area), analyze the properties, and all the while keep saving up more money for a down payment.