{"id":73,"date":"2026-08-21T18:05:33","date_gmt":"2026-08-21T18:05:33","guid":{"rendered":"http:\/\/mona"},"modified":"2026-08-23T21:19:04","modified_gmt":"2026-08-23T21:19:04","slug":"how-much-do-you-need-to-save-to-buy-a-house-in-florida","status":"publish","type":"post","link":"https:\/\/jenlendsflorida.com\/?p=73","title":{"rendered":"How Much Do You Need to Save to Buy a House in Florida?"},"content":{"rendered":"

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The Biggest Home Buying Myth: You Need 20% Down<\/b><\/h2>\n

One of the most common questions Jennifer hears from first-time homebuyers is:<\/p>\n

\u201cDo I really need 20% down to buy a house?\u201d<\/b><\/p>\n

The short answer is no.<\/p>\n

Many Florida homebuyers are surprised to learn that there are mortgage programs designed to make homeownership more accessible, including options with lower down payment requirements and programs that may help qualified buyers with upfront costs.<\/p>\n

The first step is understanding what programs you may qualify for and creating a plan that works for your unique financial situation.<\/p>\n

What Are the Upfront Costs of Buying a Home?<\/b><\/h2>\n

When preparing to buy a home, it\u2019s important to understand that your down payment is only one piece of the puzzle.<\/p>\n

Down Payment<\/b><\/h3>\n

Your down payment is the amount you contribute toward the purchase price of your home.<\/p>\n

The amount needed depends on your loan type, financial profile, and home purchase goals.<\/p>\n

Closing Costs<\/b><\/h3>\n

Closing costs are fees associated with finalizing your mortgage and completing your home purchase.<\/p>\n

They can include:<\/p>\n