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cm0002 ,

Honestly, screw the down payment, keep saving/what you have saved for house emergencies. Like furnace/AC going out, basement flooded etc.

There are lots of mortgage programs you can get that require 0 or very low <3-5% down payment

Copernican OP ,

Saved money isn’t spent money. Sure, we are saving for a down payment, but that’s a multi year project, and if our priorities change we can use the cash for other things. But the point is we are taking advantage of our current low cost rent, and trying to live as if we had that mortgage by putting that difference in cash aside.

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