How To Pay Off Debt To Buy A House May 2026

from the first debt into the next one once it’s paid off. Strategy 2: The Debt Avalanche Method

If you have multiple high-interest credit cards, consider a or a 0% APR Balance Transfer Card . This moves several payments into one lower-interest monthly payment. how to pay off debt to buy a house

with every extra dollar you can find.

Buying a home is a major milestone, but high debt-to-income ratios can often stand in the way of securing a mortgage. Why Debt Matters for Your Mortgage from the first debt into the next one once it’s paid off

on all debts except the one with the highest interest rate. Direct extra funds toward the high-interest debt first. with every extra dollar you can find

The focuses on psychological wins to keep you motivated. List your debts from the smallest balance to the largest. Pay the minimum on every debt except the smallest one.

The is designed to save you the most money on interest over time. List your debts by interest rate, from highest to lowest.