MOTHERHOODLIFEBALANCE

Questions Answered About Buying a Car and Home

Buying a car and home are some of the biggest purchases you’ll ever make. There are so many questions on your mind and we want to cover some of those today.

How Long After Buying a Car Can I Buy a House? Factors to Consider

When thinking about buying a car and a house, there are a few essential factors that you should keep in mind. 1. Your Credit Score 2. Your Debt-to-Income Ratio (DTI)

Does Buying a New Home Affect Your Credit Score?

Being a responsible homeowner can indeed help you build your credit score over time, in the short term, your credit score can drop quite significantly up to 14 points!

How Is a New Auto Loan Different from a Home Loan?

The main difference is that you will make mortgage payments amortizing. Car payments will typically be towards simple interest add on loans.

Does Leasing a Car Affect Your Credit Score?

If you make all the payments on time, leasing a car can positively impact your credit score.

The amount of time you should wait to buy a house after buying a car depends entirely on your financial situation.

How Long After Buying a Car Can I Buy a House?

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