Can You Use a Roth IRA to Buy a House?
AuthorAmanda Dodge. Date:
One of the biggest challenges of buying a home is saving up for a down payment. In late 2024, the median sale price of houses in the United States was $419,200. A first-time homebuyer putting nine percent down (the average down payment size in 2025) would need to have $38,000 on hand. One option to increase your down payment size is to tap into your Roth IRA. A Roth IRA uses after-tax dollars to help people save. Most people use Roth IRAs to save for retirement, but there are options for tapping into your savings to help buy a house. This guide will dive into the specific conditions needed to buy a house with funds from your Roth IRA. Learn more about withdrawal rules, tax implications, and the benefits of using this money. With clear insights, you can make informed financial decisions that help in the long run. How Does … Continued
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