Money Checkup With Anjali Jariwala

Buying a home can seem like an impossible task, especially when you start to learn about all of the other costs to consider that might not even relate directly to the home purchase. In today’s Money Checkup you’ll hear Part 2 of Christina Razzi’s episode where I will dive further into some of the costs to think about and consider when you are determining the amount of home you can afford. There are rules of thumb that most lenders tend to follow, but there are also other indirect costs and future costs you need to also be thinking about. I’ll also discuss how to ensure your new home purchase works within your personal cash flow so you can still reach current and future financial goals. What We Will Cover Rules of thumb around home buying and the misconceptions they can present The first step in the home purchase price How debt-to-income plays into being able to buy a home Why you need to understand, in detail, your monthly spending Besides the down payment, other expenses you will need additional cash for Re