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

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In life, certain decisions are more significant than others. For example, purchasing a car and a house are some. Check out our story on how you can buy a house.

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When thinking about buying a car and a house, there are a few essential factors that you should keep in mind.

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Here are some factors to consider:

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Before buying a home, you’ll want to ensure that you have good credit. More specifically, you’ll want to make sure that your credit history is as good.

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Your debt to income ratio is a measurement of how much of your income needs to go towards paying off liabilities.

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YOUR CUSHION This factor ties to your debt-to-income ratio, but you add debt to your finances when you buy a car.

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Before you buy a home (especially right after you buy a car), make sure that you can withstand the additional payments on both purchases. Home-ownership isn’t cheap.

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FOR MORE INFORMATION ON HOW LONG CAN YOU BUY A HOUSE

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