How can I buy a house before 30?

Do you want to become independent, but you think it is impossible to have your own home before 30? If you follow these tips, surely you can achieve it.

Having a home of your own is one of the dreams of most people, however, it takes a lot of effort, money and planning, so you may think that it is very difficult to achieve and that you probably will not achieve it until you are higher. For this reason, we give you the best tips so that you know how you can achieve buying your home before 30.

How to have your own home before 30?

  • Make sure you have stable income
  • Save while you live with your parents
  • Research market prices
  • Find out about all expenses
  • Build a good credit history
  • Save 30% of your salary
  • Save at least 20% for the down payment

Make sure you have stable income

You should know that buying a home involves many expenses. Beyond the price of the property, you must consider interest, taxes, commissions, services, maintenance of facilities, etc. Expenses that, in case of not having a stable income, will be difficult to pay. Make accounts and make sure you have the necessary income to pay for your house at Blue world city Islamabad and to maintain it.

Save while you live with your parents

If you still live with your parents, take the opportunity to save as much as you can. Still having your support also means saving a good part of your salary. Even if you contribute a part of the expenses, living with them will save you much more than you could in the case of living alone. Take care of your salary and save as much as you can, remember that in the end it is all about money, and if you have an advantage over it, things will be much easier for you.

Research market prices

You should start with a clear idea of ​​the type of property you want to acquire and the characteristics you would like it to have according to your needs and plans for the future. From this you can start looking for properties with similar characteristics to give you an idea of ​​the price at which the type of property you want is located, and therefore know an approximate amount you need to save.

Find out about all expenses

In order to have your own home, it is important that you begin to familiarize yourself with topics such as mortgage credit, interest rates, taxes, commissions, appraisal, deed expenses, etc. Do your research and find out as much as you can about what a home purchase entails and the options that exist, so you can start planning ahead of time and avoid taking something by surprise. Research the credit plans of theBlue Group of Companies, review all their conditions and requirements and analyze what the best mortgages could be for you, in case you plan to use a credit. The more informed you are, the more you can plan and use the time in your favor.

Build a good credit history

In most cases, one of the requirements to get a mortgage is to have a good credit history. If you plan to take out a loan, take this into consideration and find a way to start building your history if you haven’t already. Start with simple things like ordering a card from a bank and meeting your payments. Avoid getting into too much debt, the idea is only to start adding good points to your history without subtracting so much money from your salary so that you can continue saving enough.

Save 30% of your salary

Try to save at least 30% of your salary and allocate it to your future home. Depending on your salary and the time in advance with which you start saving, these will be the payments you can pay when deciding to buy your property. Maybe you can only collect the amount of the down payment, or maybe you can save what is necessary to buy your house in cash and thus forget about the interest. Everything will depend on your planning, your time and constancy in your savings.

Save at least 20% of the cost of the property

In case you plan to buy your home by means of a bank mortgage, you must ensure that you can have at least the amount for the down payment. You should know that the financing of these institutions is around 80% of the value of the property. Based on the market prices you investigated and calculate 20% of that amount, so you will know the minimum you must save in order to acquire your property.


Now, yes, it is time to start planning and start saving to have your own home and start building your wealth. Start learning about everything you need to know to buy a home . Remember that the more informed you are, the more accurate your planning will be and the easier you will achieve your objective.


Author: Russell Flores