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by jedberg 2596 days ago
It would be $200K, but 20% is a pretty standard down payment. Yes, it would take a while to save up that much, which is why housing around here isn't affordable, but it's also pretty standard.
1 comments

$1.2M * 0.2 = $240k.

No one I know in the Bay Area who has bought a home in the last ~8 years has been able to scrape together 20%, everyone puts down less and gets PMI.

Anyone working at FANG 250k is trivial.