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How much money do I need to save each month in order to buy a home?
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The amount of money you need to save each month depends on several factors, including the price of your desired home, your current income and expenses, and any additional costs associated with buying a house. Generally speaking, it is recommended that you should aim to save at least 10-20% of your monthly income for a down payment. You may also want to consider saving an additional 5-10% of your income for closing costs or other fees associated with buying a home.