← All checklists

First-time home buyer checklist

Steps to take when buying your first home.

Before you start looking

  • Check credit and fix errors; improve score if needed.
  • Save for down payment and closing costs (often 2–5% of loan).
  • Get pre-approved so you know your budget and show sellers you're serious.
  • List must-haves vs. nice-to-haves.

During the search

  • Stick to your budget; don't let emotion push you over.
  • Factor in HOA fees, taxes, insurance, and maintenance.
  • Visit neighborhoods at different times of day.
  • Consider resale value and school district even if you don't have kids.

Offer and closing

  • Get a home inspection and review the report carefully.
  • Understand what's included in the sale (appliances, fixtures).
  • Review closing disclosure before closing day.
  • Do a final walkthrough right before closing.

WealthyCalc provides general information only, not financial advice. For advice tailored to your situation, consult a qualified professional.