hinking about buying your first home? Before you look at open homes, you need to look at the numbers.Buying a home is one of the biggest financial decisions you will ever make. While finding the perfect neighborhood is the fun part, balancing your desires with a long-term financial commitment is the real challenge. In this video, we break down a practical, emotion-free planning framework to help you navigate the home-buying process without ending up "house poor."👇
What you'll learn in this video:0:00 - Introduction: Pursuing Home Ownership0:35 - Rent vs. Buy: Is Now the Right Time?1:20 - How Much House Can You REALLY Afford? (The 28/36 Rule)2:10 - Down Payments, Mortgage Structure, & PMI3:00 - Using KiwiSaver & The Bank of Mum and Dad3:50 - The Hidden Costs of Buying a Home4:40 - Credit Scores, Lending, & Timing PitfallsIf you found this guide helpful, please give this video a thumbs up, leave a comment with your questions, and subscribe for more real-world financial planning tips!Disclaimer: This video is for educational and informational purposes only and should not be considered personalized financial, legal, or tax advice. Always consult with a qualified professional before making major financial decisions.
