How much you have to save per day to put a down payment on a house in 19 major US cities

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The median home price in Phoenix, Arizona is $206,000.

If you're looking to buy a home, it's never too soon to start saving.

We looked at the median price of homes in 19 major metro areas from the National Association of Realtors, and calculated how much it would cost you to put a 20% down payment on a median-priced home (the preferred amount of money to pay upfront).

We then determined how much you would have to save each day over the course of five, ten, or 15 years to reach that goal.

It's less than you might think.

Our calculations assume this money will go into a savings account with negligible interest. While investing your savings might make them grow faster, experts generally advise against investing money you'll need in the near future. Bear in mind, also, that accumulating enough for a down payment doesn't necessarily mean you can afford a house - aside from closing and moving costs, you should be prepared to pay a mortgage, taxes, and maintenance on a monthly basis.

Here's how much you need to set aside each day to put a 20% down payment on a house in 19 major cities: