When you're buying a home, it's not just about affording the purchase price or down payment. You’ve got closing costs, moving expenses, and all the “surprise” things that come up after you move in — like needing a new appliance, fixing a plumbing issue, or just furnishing the place.

Keeping some cash reserves is smart. A good rule of thumb is to have at least 3-6 months of living expenses saved after the purchase, just in case life throws a curveball.

Are you thinking about buying soon or just planning ahead?

tune in and learn https://www.ddamortgage.com/blog

didier malagies nmls#212566

dda mortgage nmls#324329