Reddit Home Buying Guide <FULL × 2024>

Aim for a monthly mortgage payment that is no more than 30% of your take-home pay.

Before you even look at a house, get a pre-approval letter from a lender like Chase or Rocket Mortgage to show sellers you are serious. 2. Assemble Your Team reddit home buying guide

Budget for a down payment (typically 3%–20%) and closing costs (usually 2%–5% of the purchase price). Aim for a monthly mortgage payment that is

Don't go into the process blind. You need professionals who represent your interests. reddit home buying guide

Remember to account for property taxes, homeowners insurance, and a "repairs" fund for when the water heater inevitably dies.