Buying a Home
A home is most people's largest purchase. Preparation determines both your rate and whether the payment fits your life.
Your checklist
Work through the steps in order. Progress saves in this browser, without an account.
Preparation
6–12 months before
Run the true cost comparison, including opportunity cost.
Tool: Buy vs Rent Calculator20% avoids PMI, but 3–5% loans exist. Automate the savings.
Tool: Home AffordabilityA 40-point improvement can meaningfully lower your rate.
Tool: Mortgage Credit ImpactLess debt = larger approval and a better rate.
Tool: Debt Payoff CalculatorShows sellers you're serious and tells you your real budget.
Shopping & Closing
0–6 months before
Typically 2–5% of price, on top of the down payment.
Budget for repairs the inspection surfaces.
Protects you from rate moves before closing.
Verify the final numbers match what you were quoted.
After Purchase
1–5 years
Closing drains cash and new homes bring surprise costs.
Repairs are a when, not an if.
If rates drop, check whether refinancing pays off.
Tool: Refinance AnalyzerArticle: When to Refinance Your Mortgage