Budget for Home Buying

budgeting tips
Upon deciding to purchase a home, start with a budget to help raise the money for a down payment and closing costs.

 

Our Budgeting Planning Tips:

Start with a Monthly Spending Plan
learn about:

  • developing a spending plan
  • why budget
  • what's in the budget
  • setting financial goals

tool set: quick review of budget planning

download FREE this budget planning worksheet:
click here

 

Build Up Your Credit Score
check and build up your credit to ensure low credit costs when it's time to finance your home

step1: get your FREE credit report for review

 

Understand How Best to Finance
When you are ready to start your home search, understand how best to finance your home. Review best financing options and rate negotiation tactics.

step5: click for financing guide

 

Build Up Rebate Points
as you shop for supplies, food, clothes, etc., for your month-to-month living, use a rebate credit card instead of cash to build up points for a down payment

tool set: view saving rebate card programs

 

Calculate Your Numbers
Run some numbers to calculate how much you can afford and your qualifying ratios

  • calculate monthly payment, affordability amount, debt ratios and more

calc: link to our mortgage loan calculators

 

Lower Monthly Bills
Expense reductions strategies to lower housing, living costs, transportation, family care and more:

tool set: "lowering your bills" guide

 

Watch Your Rates
Keep your eye open for rates. They change daily. If rates decline, you might be able to afford your home purchase:

 

Search for the Right Home
Find the home of your dreams

  • search real estate listings, FSBO, foreclosures, new home construction and more

step2: start your home search online

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