: If your down payment is under 20%, you may pay an extra 0.4% to 1.5% of the original loan amount annually.
: Experts recommend setting aside 1% to 3% of the home's value each year for routine upkeep and major repairs like a new roof. 3. Affordability Frameworks budget for buying a house
Lenders and financial advisors use specific ratios to determine what you can "afford": Description : If your down payment is under 20%, you may pay an extra 0