A national analysis estimated that down payment assistance could help a median-income household save for a typical home 18 mo sooner than saving independently.
For a typical US home, the analysis estimated 4.2 yr of savings for a 10% down payment, compared with 2.7 yr with assistance.
The scenario assumed assistance covering ~4% of the purchase price; its modeled savings illustrate how support could shorten the path to a down payment.
In the modeled US purchase, assistance increased the combined down payment, potentially lowering ongoing housing costs; buyers still need to qualify for a loan.
Assistance covering ~4% could potentially cover the minimum down payment on a federal housing agency loan, although eligible US buyers must afford ongoing expenses.
United States Assistance Speeds Home Saving | Strategically priced. Expertly marketed. Under agreement in less than two days.

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