Keyword focus: first time home buyer 2026 guide
First-Time Home Buyer 2026: Complete Guide to Getting Started
Navigate the 2026 housing market with confidence using our comprehensive first-time buyer guide and mortgage calculator.
Use our mortgage calculator to explore different scenarios and find your ideal home loan.
Buying your first home in 2026 presents unique opportunities and challenges. With mortgage rates expected to decline and new assistance programs available, now is the perfect time to start planning your home purchase journey.
What to review
- Understand down payment options including 3% conventional, FHA, and assistance programs.
- Learn how to improve your credit score to qualify for better rates in 2026.
- Plan your budget using our mortgage calculator with realistic 2026 rate assumptions.
Quick tips
- Build your credit score
- Aim for a credit score of 640+ for FHA loans or 680+ for conventional loans to access the best rates as they decline in 2026.
- Save strategically
- Target 3-5% down payment minimum, but consider saving more to reduce monthly payments and avoid PMI when possible.
- Get pre-approved early
- Start the pre-approval process now to understand your buying power and be ready to act when rates drop.
Common questions
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What down payment assistance is available in 2026?
Many states and local governments offer down payment assistance programs. Check with your state housing authority and use our calculator to see how assistance affects your monthly payments.
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How much house can I afford in 2026?
Use our mortgage calculator with 2026 rate projections to determine your maximum purchase price. Generally, your total housing costs should not exceed 28% of your gross monthly income.
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Should I wait for rates to drop further?
While rates are expected to decline, focus on your personal readiness rather than timing the market. Use our calculator to model different scenarios and make an informed decision.