Some people have a difficult time saving money to buy a North Florida home. Purchasing a home starts an automatic savings account so to speak. You accumulate savings in two ways. Each month, part of your payment goes toward the principal amount of your loan. At first, much of the money goes toward interest, but over time, the amount increases. Your home appreciates in value. The average appreciation on a home is about 5 %, though it may vary from year to year. Over time, your home North Fl will be one of the greatest financial investments you have ever made.