now we need to set some longer term goals of saving money. as you look at the first box in the calculator you see a place for a number called the "savings goal". this is the first number you need to know.
how much do i need for my mortgage down payment?
but maybe you wonder how to figure how much money you need to save for a mortgage down payment? the answer to this question depends on what type of a mortgage loan you are planning on getting. down payment requirements vary from one loan program to another. the short answer is 3%-10% for most first time home buyers.
of course, depending 