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Learning path

Building

First-Time Homebuyer

Navigate the path to homeownership

5 lessons4 tools3-5 weeksintermediate

First step: Should You Rent or Buy?

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About this path

Buying your first home is a major milestone. This path will help you understand the process, know if you're ready, and make informed decisions about one of the biggest purchases of your life.

The journey

01Should You Rent or Buy?Lesson· Required· Up nextUnderstand the factors that affect this decision
02Run the NumbersTool· RequiredCompare renting vs buying for your situation
Decision Made
Milestone
You know if buying is right for you
03First-Time Buyer GuideLesson· RequiredEverything you need to know about buying a home
04How Much Can You Afford?Tool· RequiredCalculate your maximum purchase price
Budget Set
Milestone
You know how much house you can afford
05Understanding MortgagesLesson· RequiredLearn about loan types, rates, and terms
06Down Payment StrategiesLessonHow to save for and optimize your down payment
07Create Down Payment GoalTool· RequiredStart saving for your future home
Savings Started
Milestone
You have a plan to save for your down payment
08Closing Costs ExplainedLessonDon't forget these hidden costs
09Check Your Net WorthToolMake sure you're financially ready

What you'll achieve

Know if you're financially ready to buy
Understand how much house you can afford
Compare renting vs buying for your situation
Learn about mortgages, down payments, and closing costs
Create a savings plan for your down payment

Milestones

01Decision MadeYou know if buying is right for you
02Budget SetYou know how much house you can afford
03Savings StartedYou have a plan to save for your down payment