I bought my 'forever home' with 3 other people. Here's how we manage our finances.

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A woman standing in front of a for sale sign.

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75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

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Artist Torri Hanna
Torri Hanna said the basic income program helped her navigate a tough period of her life.

Torri Hanna

Living with my parents in Hawaii helped me afford the most expensive state. It was the best option for me after graduating.

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Abby Sadoy wearing a hat in front of greenery in hawaii
The author is living with her parents to save for a down payment

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A scammer conned us out of our $32,430 down payment by email. We didn't realize it until 10 days later.

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Mr and Mrs Madalena
Daniel Pietschnig and Jessica Madalena fell victim to a scammer who swindled them out of a $32,430 down payment.

Courtesy of Juliet Macey, choness/iStock, Tyler Le/BI

The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.

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house sitting on a pile of money
Many potential homeowners struggle to make down payments.

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China just unveiled the strongest remedies yet for its troubled housing market

Tech Insider : Economy, Economy
Apartments under construction in China
Apartments under construction in Wuhan, China.

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How to Save for a Down Payment on a Home

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The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

My mother gave me my $100,000 inheritance early. I struggled to pay my bills before — now I'm set up for life.

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Jillian Pretzel and her mom.

Courtesy of Jillian Pretzel

Can you get a mortgage with 1% down?

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Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

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