Pumpkin spice latte season has arrived. Have you caught yourself spending extra cash on a daily caffeine fix? Although inexpensive, those lattes can add up to a bigger number quite fast!
If you’re looking to purchase a new home, you’re probably aware that saving for a down payment takes discipline. That’s why it is so important to limit your extra expenses (like a latte a day). By doing this, you can reach your down payment goal faster.
Depending on where you live, putting away a small amount away each day into savings will get you to the average down payment you need for homeownership faster than you think.
Take a look here to get an idea of the amount you need to save each day over the next five years to afford a down payment. This applies to those living in the Northeast.
Whether you’ve saved a little or a lot, reach out today, and we’ll work on finding a loan that works for you.