First Home: How To Prepare To Buy Your

: Aim for a score of 620+ for conventional loans; higher scores generally secure more favorable interest rates. Save for Upfront Costs :

: While 20% is traditional, first-time buyers in 2025 put down a median of just 9% . Programs like FHA loans may allow as little as 3.5% . how to prepare to buy your first home

: Rather than relying solely on what a bank will approve, calculate a monthly payment that is realistic for your current income and expenses. : Aim for a score of 620+ for

: Expect to pay 3% to 6% of the home's purchase price in various fees. how to prepare to buy your first home