: If your student loan interest rate is significantly lower than current mortgage rates, it may be smarter to prioritize a larger down payment.
: Veterans may find even more flexible debt requirements and zero down payment options. Strategy: Pay Down or Buy Now?
: If home prices in your area are rising faster than your loan's interest rate, buying sooner may be the more profitable move.
Deciding between aggressive debt repayment and saving for a home depends on your local market and interest rates.
: These often allow for higher DTI ratios (up to 45-50%) and lower down payments, making them popular for first-time buyers.
