Jonesing For A House? Here's How To Know If You Can Afford It

By : Entertainment (now)

Published On: 2019-08-13

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00:48

Buying a home is a big, big deal. And before you go shopping, it's best to sharpen your pencil.
According to Business Insider, if you're looking to buy a home, there are several signs you're ready.
Can you make a full 20% down payment without going into your emergency savings?
Will your monthly payment be less than 30% of your monthly income?
Utilities, trash, water, and repairs all cost money.

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