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How Much Homebuyers Have to Save Per Day for a Down Payment in 19 U.S. Cities

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How Much Homebuyers Have to Save Per Day for a Down Payment in 19 U.S. Cities


August 17, 2015

Homebuyers in Atlanta need to save $17.30 a day to afford a down payment for the median home price in 5 years, Business Insider reports.

If the buyer wants to take more time, they can get by with saving $5.80 a day for 15 years, less than the price of the average sandwich. But Atlanta takes the last spot on the list.

On the other end of the spectrum is San Francisco, where buyers need to save $27.30 a day for 15 years to afford the down payment for a median home price, almost double what the Atlanta homebuyer needs to save up in just 5 years.

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