How do I know when I’m ready to buy a house?

Here’s the full version:

A HEALTHY APPROACH TO BUYING A HOME

Here’s the cliff-notes version:

You’re ready for a house when…

• your costs < 28% of monthly income
• your credit is above 700
• you can stay for 5+ years
• you have a large down payment ( less than 20%, you pay Primary Mortgage Insurance (PMI) which is ~1% of the home’s value)
• you have your house experts
• you have a furnishing fund