Once upon a time, Sarah and Leo were tired of their cramped apartment and noisy neighbors. They dreamed of a place with a backyard for their dog and a kitchen where they could actually open the dishwasher and the fridge at the same time. They decided it was time to buy their first home.
Aiming for a monthly payment no more than 30% of their gross income, having 30% of the home's value in savings, and ensuring the home price isn't more than 3x their annual income. understanding the home buying process
They also looked into some financial "safety nets" to help them budget: Once upon a time, Sarah and Leo were