Buyer's Information FIRST TIME HOME OWNERS – Things to think about 1. How much of a loan can I qualify for? 2. What down payment can I afford? 3. What monthly payments can I afford? 4. What type of house fits my needs? 5. How many bedrooms and bathrooms do I want? 6. What part of town do I want to live in? 7. Would a condo, townhouse or house suit me best? 8. Will this be convenient to work? 9. How long could I estimate living here? The Buying Process Mortgage Calculator