Preparing To Buy A House ✰

: Aim for this down payment to avoid Private Mortgage Insurance (PMI).

🏗️ Phase 1: The Financial Foundation (6–12 Months Out) preparing to buy a house

: Lenders prefer a Debt-to-Income ratio below 25-36%. Pay down credit cards to below 1/3 of their limit. 🏠 Phase 2: Defining Your "Must-Haves" How to Prepare to Buy a House in 6 Months : Aim for this down payment to avoid

: Ensure your monthly payment (EMI) is under 30% of your gross income. preparing to buy a house