Numbers to Know Before Buying a House

Thinking of buying a house or your first rental property? Before you start house hunting, the very first step is to get a good picture of your current finances. There are some numbers that you should know and be aware of before buying a house. Lenders will often use certain calculations to get a sense of your financial status. If you’re looking to buy a house soon, it’s smart to be aware of the numbers so you have a clear idea of what you can afford and what your options will be in advance. CHAPTERS 00:00 - Intro 00:17 - Credit Scores 02:31 - Debt-to-Income Ratio 04:07 - Downpayment & PMI & Closing Costs 06:35 - Assets •••••••••••••• CONTACT ••••••••••••••••••• Business inquiries ONLY (pls and ty) - goodiedigital@gmail.com Wanna talk about tech or investing 1:1? https://www.buymeacoffee.com/sosa Or support the channel :) https://www.buymeacoffee.com/sosa •••••••••••••• ABOUT ME •••••••••••••••••••• I'm a software engineer currently working at a really dope company in Silicon Valley. I'm about 2 years out of college where I graduated with a degree in Computer Science. This channel is all about helping people who want to know more about software engineering, computer science, money, investing, and everything else in between. Hopefully, I can be a helping hand in any way I can. •••••••••••••••••••••••••••••••••••••••••••• Thanks for watching. You da best. love, sosa