I bought a NEW CONSTRUCTION house at 24

@jocelynbesara

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Why it worked

The post resonated with viewers by demystifying the home-buying process and providing a transparent financial breakdown, appealing to aspirations of financial independence and homeownership at a young age.

Summary

The creator shares a detailed breakdown of the costs associated with buying a new construction house at age 24 as a single, financially independent woman. The post covers the purchase price, down payment, closing costs, and mortgage details, emphasizing that it was achieved on a $55k salary through intentional saving.

Structure

1Introduction: Bought a new construction house at 24
2Price breakdown: Purchase price, down payment, and closing costs
3Mortgage details: Loan amount, interest rate, and term
4Key takeaway: It's about planning and starting where you are
5Call to action: Follow along for more financial goals

Call to action

follow along!

On-screen text

I bought a NEW CONSTRUCTION house at 24 here's exactly what I paid as a single girly who is financially independent THE PRICE BREAKDOWN Purchase price: $260,000 Down payment + closing costs: $38,401 I saved this amount and brought this cash to close! Mortgage Details Loan amount: $220,435 Interest rate: 6.875% Loan term: 30 years The part nobody tells you about buying your first home It's not about having everything figured out It's about making a plan and starting where you are I bought this house on a $55k salary by saving intentionally and if you have goals like this too, follow along!

Original caption

People told me buying a house in my 20s wasn’t realistic, especially alone, so I’m sharing the numbers because I wish someone showed me the breakdown before I started! 🙂