also assumes no loans or credit card debt, both of which are unfortunately likely also assumes that you are mentally strong enough to live like a pauper to hop

also assumes no loans or credit card debt, both of which are unfortunately likely also assumes that you are mentally strong enough to live like a pauper to hopefully afford the bare minimum required to scrounge up a downpayment. doesn't assume building a maintenance fund (2% of home value per year), closing costs (2% of home value, one-time cost), purchasing stuff to fill the home (like furniture/appliances), etc.