Saving for a home: The states where a 10% down payment comes together fastest

Saving a 10% down payment fastest occurs in states with moderate home prices and solid incomes, like Iowa and Ohio, taking around 8.7 to 9.9 years. High-cost states such as California and New York can take over 20 years. A 10% down payment with PMI is common on conventional loans, easing entry compared to 20%, which doubles saving time. The 2026 outlook predicts slightly lower rates (~6.3%), more inventory, and moderated price growth, improving affordability modestly.