: Experts often suggest the 28% rule , where your total housing payment (principal, interest, taxes, insurance, and HOA fees) does not exceed 28% of your gross monthly income.
Before looking at properties, you must have an open and honest conversation about your combined financial position. married couple buying a house
: Obtain a Pre-approval Letter from a lender like Chase Bank to show sellers you are serious and to confirm your actual buying power. 2. Defining "Must-Haves" vs. "Wants" : Experts often suggest the 28% rule ,