Topics
Buying a home
Budgets, down payments and the steps of buying your first home.
2 questions
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Question No. 002: How much down payment do I need to buy a house?
You do not need 20% down. VA loans can require no down payment for eligible service members and veterans. Some conventional loans allow 3% down, and FHA loans allow 3.5% down with a…
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Question No. 001: How much house can I afford on my income?
Start with the monthly payment you can live with, not the price. Many buyers keep the full house payment (loan, taxes, insurance, mortgage insurance) near 28% of gross monthly income…