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By kevlahan (registered) | Posted November 05, 2015 at 14:31:57 in reply to Comment 114654
Obviously it varies depending on how good a saver you are and what other fixed expenses you have, but people are usually advised to save 10-20% of gross income. If you decided to put it all towards your $50k downpayment it would take a household with a $76k gross income about 6.5 - 3.3 years to save for the downpayment.
Comment edited by kevlahan on 2015-11-05 15:32:41
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