: You will need funds for a down payment (typically 3%–20%), closing costs (2%–5% of the purchase price), and moving expenses.
Buying your first home is likely one of the largest financial decisions you will ever make. Successful homeownership requires extensive preparation—often starting 6 to 12 months before you even attend an open house. Phase 1: The Financial Foundation (12–6 Months Out) how to plan for buying a first home
: Many state and local agencies offer grants or low-interest loans for first-time buyers. Programs like the FHA offer lower down payments for those with modest credit. : You will need funds for a down
