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When should you buy your first home?
Buying your own home usually makes sense from a financial point of view, as you will be paying down your loan instead of paying rent to someone else.
People often start thinking about buying a home once they start getting regular income. That’s when you should start saving up for your first home.
Start by figuring out what kind of home you would like and calculate how much loan you need and can possibly get. You should submit a home loan application as soon as you start considering buying a home. When you send us an application, we will contact you and help you figure out your options.
If you feel that you can’t realise all your dreams at once, you should consider settling for less by focusing on finding a home that meets your current needs.
A first home is rarely one you will be spending the rest of your life in. In fact, Finns change homes every seven years or so on average. In other words, your first home is often a first step on the property ladder.
