1. EachPod

How Much Money Do I Need to Buy a Home?

Author
Jeff Jones
Published
Thu 28 Sep 2023
Episode Link
https://getmereadytobuy.com/episode/how-much-money-do-i-need-to-buy-a-home

One hurdle many homebuyers face is the amount of money needed to actually purchase the home. They can make the payment easily. Their income and credit score say they can afford the home and are a good credit risk. Unfortunately, that is not enough. Buyers need cash for downpayments, fees, and other expenses. This episode shows you what you may need and some options for where it could come from.

  • 3:27 - Up Front Money
  • 7:43 - Downpayment & Loan Fees
  • 10:29 - Prepaids
  • 13:48 - Closing Fees
  • 18:35 - Options for this Money
  • 24:14 - Rules of Thumb

Share to: