Home Ownership As an Investment
How do I know how much to put down on a house?
This is a tough question because it touches on purchaser sentiment. You should already have at least four to six months of living expenses saved in a cash account as an emergency fund, in case something should happen to your employment situation. This money should not be touched, not even to purchase a house. The money you have saved in addition to that—money you may have invested in other ways—should be used for your initial down payment.