Budget beyond the down payment for closing costs (typically 2–5% of the purchase price), earnest money (1–3%), and an emergency fund for unexpected maintenance. 2. Explore Financial Assistance
Before touring homes, ensure your finances can support the long-term commitment of homeownership. i want to buy a home for the first time
Aim for a DTI ratio below 43% to improve loan eligibility. Budget beyond the down payment for closing costs