Thinking about buying a house but not sure if it’s the right time? You’re not alone.

As a local Realtor® in Dardenne Prairie, Missouri, I talk with buyers every week who are nervous about jumping into the market. The truth is, the “perfect time” to buy isn’t about timing the market—it’s about being personally and financially prepared.

Here’s my simple checklist to help you decide if you’re ready to buy a home—and a few extra tips to make the process smoother.

While 20% down isn’t always necessary, I recommend having at least 5–10% saved. This not only gives you more loan options, it can reduce private mortgage insurance (PMI) and lower your monthly payments.

Plus, having that cushion shows lenders you’re serious and helps make your offer stronger in a competitive Dardenne Prairie real estate market.

Pro tip: Some buyers qualify for local first-time buyer programs. Let’s explore those together!

A good rule of thumb is that your monthly mortgage payment should be no more than 25% of your take-home pay. This helps you avoid becoming “house poor” and ensures you still have room for savings, maintenance, and life’s little surprises.

In St. Charles County, homes vary widely in price. Knowing your monthly budget helps us target the right homes from the start—saving you time and stress.

There’s no one-size-fits-all mortgage. Do you go with a 15-year or 30-year term? Fixed or adjustable rate? That depends on your financial goals.

• A 15-year loan pays off faster and builds equity quickly, but has higher monthly payments.

• A 30-year loan offers lower payments and flexibility—great if you plan to invest or save elsewhere.

If this feels confusing, don’t worry. You don’t need to have all the answers. What you do need is a trusted lender who explains things clearly and helps you make the best choice for your life.

Need a lender? I work with several amazing loan officers here in Dardenne Prairie and can connect you with someone you’ll feel comfortable with.

I hear this a lot:
"I’m just going to wait for the market to crash."

Here’s the reality: The Dardenne Prairie housing market is stable and growing. Waiting could cost you more in rising home prices or interest rates. The key is to buy when your life and finances are ready—not when you think the market will drop.

You don’t need a perfect credit score, a 20% down payment, or a crystal ball. You just need a realistic plan, a trusted team, and the confidence to take the next step when it feels right.

And if you’re not sure? I’m here to talk it through. No pressure—just honest advice.

I’m Julie Colin — your local Dardenne Prairie Realtor® and your go-to source for real estate and what’s happening around town. Whether you're house hunting or just curious, I’ve got you. 

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📲 Call/Text: 314-307-3968 
💌 Email: julie@homeswithjulie.com 
🌐 Website: www.HomesWithJulie.com