How Much Money Should I Save Before Building a House? | Building a house, Building a new home, Construction loans
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How Much Money Should I Save Before Building a House?

You'll have to save the necessary funds to build a new house, as the median cost per square foot is $150. You can pay cash or take out a loan, which typically requires a down payment of 20 percent. Build in a cushion since cost overruns are common. Also factor in taxes and insurance.
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