CAN YOU BUY A HOUSE?

CAN YOU BUY A HOUSE?

Are you prepared to live on your own and buy a new home? Do you think you can survive living on your own? What about monthly payments, are up to it? Take this quiz and believe in yourself!

  1.  1

    What is your income and job status?

    • Has been stable for a couple years
    • Has been stable for at least six months
    • Isn't that stable yet
    • No income yet
  2.  2

    Are you prepared to spend more of your money on a house?

    • Yes
    • Maybe, with a little help
    • Not yet
    • Definitely no
  3.  3

    Can you afford the down payment for a house?

    • Yes
    • Maybe, with a little help
    • Not yet
    • Definitely no
  4.  4

    Do you know what the following words mean? ARM, Fixed Rate Loan, Private Mortgage Insurance, Escrow, and Buyer's Agent?

    • I know all of these
    • I know most of these
    • I only know a few
    • I don't know any of the words
  5.  5

    Do you know how much you can spend on a house?

    • Yes, you've calculated on current interest rates and your down payment
    • Yeah, you’ve forecasted all the expenses
    • Not really but I have an idea
    • No, I don’t care
  6.  6

    How much debt do you have?

    • None
    • A little amount
    • A fair amount
    • More than I can handle. It's hard to pay it off.
  7.  7

    How many people are depending on your salary?

    • None
    • Two
    • Four
    • Ten

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