How much you need to save every day to buy a house in the US - ForumDaily
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How much to save every day to buy a house in the US

Buying a home is not a cheap pleasure.

The Realtor.com portal simplified the task and independently calculated how much it is necessary to save every day in order to ultimately purchase your own home in one of the largest US cities 15.

The company took as a basis the average market price for real estate in each of the cities. Using these figures, the company calculated the down payment.

Then we figured out how much potential buyers should save every day for the down payment. As a rule, they took five and 10-year target dates.

Specialists also determined how many caramel macchiato should be saved per day for the sake of the house. The price of one such drink is $ 4,45.

1. New York, NY

The median price of the house: $ 413900

Average advance payment: 17,2% ($ 71191 at Average House Prices)

Daily Savings (5 years): $ 38.99 caramel macchiatos9

Daily Savings (10 years): $ 19,49 caramel macchiatos4

2. Los Angeles, CA

The median price of the house: $ 678000

Average advance payment: 18,3% ($ 124074)

Daily Savings (5 years): $ 67,95caramel macchiatos15

Daily Savings (10 years): $ 33.97 caramel macchiatos8

3. Chicago, Illinois

The median price of the house: $ 264900

Average advance payment: 13,4% ($ 35,496.60)

Daily Savings (5 years): $ 19,44 caramel macchiatos4

Daily Savings (10 years): $ 9,72 caramel macchiatos2

4. Dallas, TX

The median price of the house: $ 333400

Average advance payment: 13,6% ($ 45,342.40)

Daily Savings (5 years): $ 24.83 caramel macchiatos6

Daily Savings (10 years): $ 12,42 caramel macchiatos3

5. Houston, state Texas

The median price of the house: $ 334900

Average advance payment: 12,7% ($ 42,532.30)

Daily Savings (5 years): $ 23.29 caramel macchiatos5

Daily Savings (10 years): $ 11.65 caramel macchiatos3

6. Philadelphia, PA

The median price of the house: $ 235000

Average advance payment: 12,1% ($ 28435)

Daily Savings (5 years): $ 15,57 caramel macchiatos3

Daily Savings (10 years): $ 7.79 caramel macchiatos2

7. Washington DC

The median price of the house: $ 439900

Average advance payment: 12,6% ($ 55,427.40)

Daily Savings (5 years): $ 30,35 caramel macchiatos7

Daily Savings (10 years): $ 15,18 caramel macchiatos3

8. Miami, FL

The median price of the house: $ 350 000

Average advance payment: 14,1% ($ 49,349.99)

Daily Savings (5 years): $ 27,03 caramel macchiatos6

Daily Savings (10 years): $ 13.51 caramel macchiatos3

9. Atlanta, GA

The median price of the house: $ 269900

Average advance payment: 10% ($ 26990)

Daily Savings (5 years): $ 14,78 caramel macchiatos3

Daily Savings (10 years): $ 7.39 caramel macchiatos2

10. Boston, Massachusetts

The median price of the house: $ 449900

Average advance payment: 16,4% ($ 73,783.59)

Daily Savings (5 years): $ 40,41 caramel macchiatos9

Daily Savings (10 years): $ 20,20 caramel macchiatos5

11. San Francisco, CA

The median price of the house: $ 875000

Average advance payment: 21,8% ($ 190750)

Daily Savings (5 years): $ 104,46caramel-machiatos23a

Daily Savings (10 years): $ 52,23 caramel macchiatos12

12. Detroit, Michigan

The median price of the house: $ 200 000

Average advance payment: 12% ($ 24 000)

Daily goal savings (5 years): $ 13,14 caramel macchiatos3

Daily goal savings (10 years): $ 6.57 caramel macchiatos1

13. Phoenix arizona

The median price of the house: $ 309000

Average advance payment: 11,9% ($ 36771)

Daily Savings (5 years): $ 20,14 caramel macchiatos5

Daily Savings (10 years): $ 10,07 caramel macchiatos2

14. Seattle, WA

The median price of the house: $ 445000

Average advance payment: 13,3% ($ 59185)

Daily goal savings (5 years): $ 32,41 caramel macchiatos7

Daily goal savings (10 years): $ 16,21 caramel macchiatos4

15. Minneapolis, MN

The median price of the house: $ 294000

Average advance payment: 11,2% ($ 32928)

Daily Savings (5 years): $ 18.03 caramel macchiatos4

Daily Savings (10 years): $ 9.02 caramel macchiatos2

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