: Keep a 40% income buffer for savings and other life goals.
: 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 preparing to buy a house
Buying a home is likely the biggest financial move you'll ever make. In the 2026 market, where inventory remains tight and interest rates are stabilizing, being "ready" means more than just having a down payment—it means having a strategic, multi-phase plan. : Keep a 40% income buffer for savings and other life goals
: Aim for this down payment to avoid Private Mortgage Insurance (PMI). preparing to buy a house