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First you should probably save up for a down payment to get a mortgage loan.
The median U.S. home sale was $361,282 as of Aug. 31, according to Zillow.
At that price, a 20% down payment is about $72,250.
Youll pay much more than that in many places.
In Los Angeles, for example, Zillow puts the typical home value at $941,784.
GBR deemed this affordable based on the national average.
Researchers then calculated the savings needed for various down payments.
In the lowest-priced one, you’re able to actuallybuy a home for less than $100,000.
