I am looking to buy a condo in Brooklyn or Queens within the next couple of years. My boyfriend and I have a combined income of about 150K a year. How much would we need to save for a down payment and closing costs. We are looking to have a mortgage that is around $ 1500 which is a little less than what we spend now for rent.
I don’t even know what we can and cannot afford to look into. Also does being legally married have any impact on buying a home for the first time? I am also a minority, are they any programs that help first time home buyers with any costs?
Any info would be great 🙂