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Step 1: Using Zillow.com or Redfin.com, find a house in the region of the country you plan to live in after graduation. It does not
Step 1: Using Zillow.com or Redfin.com, find a house in the region of the country you plan to live in after graduation. It does not have to be for sale at the time of writing this - you can use the estimate of the home's price provided by the website. If you already own a home, find a home you'd be interested in moving to after graduation (even if you have no serious plans to move). Share the price of the home in your post for this step, and be sure to cite the link to the home at the bottom of your post in proper APA format. Step 2: Calculate how much a 20% Down Payment on the house would be. Be sure to clearly state what this amount would be, in dollars. Now, calculate the loan amount (that is, how much money you'll need to borrow) by taking the price of the house and subtracting your down payment from it. Be sure to clearly indicate what this loan amount will be. Step 3: Calculate your closing costs by estimating that closing costs will be 3% of the loan amount. Then, calculate your cash to close by adding the
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