Things You Need To Know Before Buying A House [ Working ]

: Aim to have 3–6 months of living expenses in an emergency fund after your down payment and closing costs are paid. 🔍 Critical Inspection Red Flags

: You don't always need 20% down. Options as low as 3% to 3.5% (like FHA loans) exist, though they often require Private Mortgage Insurance (PMI) . things you need to know before buying a house

Your budget is more than just the mortgage payment. Lenders typically look for a ratio of 43% or lower . : Aim to have 3–6 months of living