The first thing you should do when deciding to buy a house is to determine your budget Add up your family s net monthly income expenses and contingency amounts Then add your savings to this amount Also don t forget to calculate a contribution of 10 20 as you ll only be able to get upto 80 90 financing of the total house value
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The first thing you should do when deciding to buy a house is to determine your budget. Add up your family’s net monthly income, expenses and contingency amounts. Then, add your savings to this amount. Also, don’t forget to calculate a contribution of 10-20% as you’ll only be able to get upto 80-90% financing of the total house value.
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