Having a large student debt balance doesn't have to prevent you from achieving your financial dreams and starting to build equity now.
- The amount of student debt you have doesn't necessarily hurt your credit score.
- High credit utilization (credit cards) is more impactful than your student loans if you make sure to make your payments on time.
- High credit utilization (credit cards) is more impactful than your student loans if you make sure to make your payments on time.
- Getting on the right repayment plan helps your DTI calculation and ability to save for a down payment.
- Down payments for a home can be as low as 4 - 4.5%, including closing, moving, and other miscellaneous costs.
Estimate home much home you can afford with student loans.