One clear sign? You're not spending more than 30% of your income on your mortgage
If you're looking to buy a home, there are several signs you're ready — you can make the full 20% down payment, you have a low debt-to-income ratio, and you know exactly how much a potential home could cost you each month, for starters. You're also ready if you know you'll still have an emergency fund, as well as money left over after your down payment for extra expenses. If you don't yet have these things, you might not be ready to buy.
If you're looking to buy a home, there are several signs you're ready — you can make the full 20% down payment, you have a low debt-to-income ratio, and you know exactly how much a potential home could cost you each month, for starters. You're also ready if you know you'll still have an emergency fund, as well as money left over after your down payment for extra expenses. If you don't yet have these things, you might not be ready to buy.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
20 companies, including Amazon and Chipotle, that are getting more profitable as sales improveEarnings season is turning out to be better than expected — many companies are having their cake and eating it too.
Read more »
Typhoon leaves 28 dead in China, 20 still missingBEIJING (AP) — A powerful typhoon left at least 28 people dead in southeastern China, including more than 20 who perished after a landslide backed up a river that then inundated homes, state media...
Read more »
New Zealand Offers Breathtaking Locations, Trained Crews, 20% Cash GrantWith its heart-quickening vistas and magnificent views, New Zealand is a prime location for savvy investors seeking to maximize the incentive on their next project. Consider the production value of…
Read more »
20 Models From Around the World Prove Diversity Is Our Greatest AssetGet to know their stories.
Read more »
After 20 years, survivors gather to remember Jewish center shootingSurvivors mark the 20th anniversary of the L.A. Jewish center shooting. A white supremacist sprayed the lobby with bullets, then shot a mail carrier.
Read more »
Lots of Our Beauty Favorites Are 20 Percent Off at SkinStore Right NowWe want it all, and we want it now.
Read more »