Buying A House?
Thinking about buying a house?
Homeownership is on the rise in different parts of the United States. The historic low mortgage rates, pandemic fears, and the current flexibility of remote work is propelling many to buy. Your mortgage, insurance, taxes, maintenance, utilities, and association fees should not exceed 30% of your income.
Before buying, pay off your consumer debt, fund an emergency account, and create a budget. These are essentials! In 1 Timothy 6, Paul said: “… godliness with contentment is great gain, for we brought nothing into the world, and we cannot take anything out of the world. But if we have food and clothing, with these we will be content.” (1 Timothy 6: 6-8 ESV)
And for help setting budget goals, download our Money Map at crown.org.