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Scr0bD0b t1_iydtdk1 wrote

Edited for answered questions already.

Are you aiming for 20% down on the house? Have you budgeted home repairs, moving, initial purchases?

Be careful with the timing when it comes to applying for a mortgage. You don't want a brand new debt of a vehicle with no payment history showing up just before. There are minor credit drops from inquiries etc.

From a paperwork standpoint, it's probably easier to get married first, lol. Doing name change forms always seems like a hassle.

If you've budgeted everything out, then should be ok, but just make sure you've set a safety net of unplanned expenses and have an adequate emergency fund to cover everything. (Like, what happens if one of you loses your job for several months.)

Children are expensive when it comes to childcare. Expect daycare to be around the cost of a mortgage if you don't have relatives stepping in.

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Concerned-23 t1_iydtyv6 wrote

5% down on the house. Moving will be done via family as it won’t be a far distance, we have all the home essentials already. Car will be purchased after we close (unless my current one dies) so our DTI will be lower. Our credit scores are both 780+.

Yes all expenses (except car) is split 50/50 so they could be effectively doubled if you add in his salary.

Not changing my last name. I think it’s too old fashioned and goes against what I believe in

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Scr0bD0b t1_iydur3j wrote

Marriage is old fashioned but still doing that, lol. I know this isn't relationship advice sub, but make sure he's ok with that and he doesn't take it the wrong way, like you not liking his name or something. I have a family member that did this. I never understood it, but each couple is certainly allowed to do what they want.

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Concerned-23 t1_iydv1rc wrote

Fiancé wanted to take my last name lol. We are 100% on the same page with me keeping my maiden name. It helps me stay connected to my heritage and I have a doctoral degree and that’s the last name I got the doctorate with so it’s sentimental in that name. The cherry on top is for my job changing my name is a pain in the ass.

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