I BOUGHT MY FIRST HOUSE AT 22 Series: How Much Does It Cost To Buy A Home? | Actual Numbers!!! 💰💵

[@LexisShantell]

Hope this was helpful! Remember, use these numbers directionally and not too literal as they are modeled based off of my true scenario, however not my literal numbers ❤️ The description lists out some caveats.

[@KingAri]

So glad you used a realistic ass salary I make less than this after taxes but at least you didn’t go with like a 50k salary.

[@LexisShantell]

🥰❤️

[@innocentloyal]

The most important thing that you said is that you paid your tithes. People don’t realize that if you put God first, he will bless you even more. God’s portion is 10% percent of your pay.

[@LexisShantell]

Amen!

[@model_nvartistry]

Amen! 👏👏

[@gm2161]

Some people have faith but no works

[@yukicbirdy2487]

Yes!

[@sherecaellis6742]

Yes putting god first is true, but following is laws , commandments and statues is more important and giving the poor. Tithe’s isn’t a must anymore that’s was when we have priests and for the Levite’s.

[@TheBudgetingButterfly]

This what um talking bout..DETAILS....you did this girl ✔✔✔ thank ya mam. I like to see things in black and white✌

[@LexisShantell]

Thank you 🥰 glad it was helpful

[@acp8760]

I am in my 30s and we are buying our 2nd home together. We are building this time. The biggest question/mistake I see people make is trying to save 20%. Thats just not realistic for your first home and you do not have to. We are only able to pay 20% down on our 2nd home purchase because our first sale gave us a big profit.

[@JasmineEagle]

Not all hero’s wear capes 🙏🏾🙌🏾

[@LexisShantell]

❤️❤️

[@johnnellh.3708]

When I saw my rent is about three hundred dollars more than your house mortgage, I felt ashamed....I have to get out of apartments and get me and my kids a house

[@LexisShantell]

Like I said though, these numbers are not my numbers they are modeled so please take with a grain of salt! It’s meant to be analyzed directionally :)

[@MonicaSoyemi]

I own a house, and it’s worth it. Your kids will be able to own that house one day and they’ll be one step up

[@allthingsmimi686]

@@MonicaSoyemi we were paying$850 for rent. 2bed 2 bath . We bought a house 4years ago. 3bed 2.5 bath 1200sq feet. New construction. Townhome. Paying $700 now including HOA. We refinanced this year that's we paying that. Prior to that it was $850. If you have stable job and little saving, you can do it. Best decision we ever made. We don't eat out much. No cable, we have Hulu and antenna. Prepaid phone.

[@acp8760]

Rent is definitely more expensive than a mortgage and you aren't getting that money back in equity like it would if you bought. You don't need to put down 20% so save what you can, get your credit up and you can get your house!

[@dontleaveamessage]

Black women winning! Love to see it- keep thriving!

[@eeelexis01]

you’ve made the home buying experience seem much less complicated. thank you for this girl!

[@LexisShantell]

No problem 🥰

[@marshawall6603]

I’ve been saving up since December 2018 to buy a home, I just met my goal last week. Very proud of myself and eager to begin the home buying process. Thank you for these guided videos ❤️ new subscriber

[@fondaakins5273]

Soror: I just shared this video with my nieces. They are in their 20’s and they are looking to purchase their first homes! This video is very helpful! Thank you for putting this vital information together!

[@karenl.6410]

The young people needed to hear this (me, i am young people) 😭😭

[@LexisShantell]

😂 thank you 🥰

[@ChrissyTooPrissy]

WOW! This is very helpful and admirable of you! I've attended real estate agents' seminars and NONE of them broke it down the way you did Good job lady !

[@LexisShantell]

Wow thank you !!!!

[@ThePrayerfulBride]

I like the spreadsheet and how well you explained it. Thanks !

[@LexisShantell]

Yay! I’m glad ❤️

[@LAREALNAE]

This was VERY HELPFUL!!! OMG, You just taught me so much, even about budgeting. THANK YOU SO MUCH!!! and I’m glad you are able to find a way to do this but still holding your ground for your privacy! I love this channel! Thanks so much again! 😊

[@LexisShantell]

Awww THANK YOU😭

[@beautybynature5556]

I just love how you talked about yourself like the third person!😆 Thank you so much for doing a total breakdown of everything it gave me a realistic aspect of buying a hone!

[@LexisShantell]

Lol no problem 🥰

[@Ktic94]

Very helpful!! It was great to see an income around my range and see that it’s still possible! Thanks!

[@LexisShantell]

🥰🥰

[@MISS1JONES]

I get that it's a potential demonstration but I loved how you broke down the steps to visualize the idea of the journey of purchasing a home

[@LexisShantell]

Yayyy I’m glad 🥰🥰

[@glamfab23johnson64]

I have been looking to buy a house for a while now and I have been doing all my homework . After watching your videos I feel more assured and confidence that I can do it . Congratulations am happy for you your house is beautiful by the way keep representing us😍😍😍😍

[@AryannaCooke]

This method of explanation was very helpful! Thank you so much for this

[@LexisShantell]

Yayy I’m glad 🥰

[@KRLWRGHT]

You've done an excellent presentation explaining in details the whole pre and post purchasing of a home. And you're correct no two purchasing experiences will ever be the same. Too many variables involved. Example having the seller covering the closing expense! Another great and informative video!!!!!!

[@Zipporah-Yisrael]

Just Subscribed! Been looking for a video like this with a realistic view of the home buying process. Thank you. I will use this example and make modifications.

[@lizziea5480]

Thank you for using realistic numbers for the lower class, I’ve never found examples that made buying a home feel possible for me.

[@samirahh4229]

I loved your breakdown, it was really helpful and honestly seeing some numbers does make it seem more doable.

[@Soshesaysjessica]

Ok these were some good realistic numbers even they will vary! Definitely gives hope more than scare them away bc a lot of videos I’m seeing show some insane #’s

[@nyerirose]

This is one of the most honest and transparent vlogging videos I've come across in a long time. Thank you!

[@Naswillshine]

This was the easiest model to work with. Thanks for this explanation.

[@DoveAnna]

Thank you for breaking it down! There are so many costs that go into buying a house

[@LexisShantell]

Of course ❤️

[@AngeliqueSabrina]

Yes girl keep em comin💕

[@LexisShantell]

🥰🥰🥰

[@damphatty]

I like this video. I'm glad you mentioned that every situation is different. In NYC closing costs on an apartment, less than $200.000 is approximately $10,000. It is also worth noting that depending on your lender and creditworthiness, you can include the closing costs into the total amount borrowed. I would be curious to see what the numbers would look like if "Shantell" didn't make more money once she moved into the house. That would be a more realistic scenario since getting a raise isn't guaranteed.

[@_kaitlynmarie]

This was amazing Alexis thank you! I just turned 20 and wanna be in the same place by 22! May God continue to bless you!!✨

[@LexisShantell]

Thanks so much 🥰

[@savannadillon9234]

This was super helpful! You are truly going to help soooo many people become first time homebuyers!

[@Ovulations]

Gosh you are so beautiful. You make me feel so proud to be a black girl. I’m 21 and you inspire the heCK outta me :’)

[@LexisShantell]

Omg thank you so much 😭🥰

[@srsmithali]

Hi Lexi's, love your channel and your personality. New sub. 2 things I want to add. I agree with you on buying via FHA. I bought a condo in Brooklyn and a family member tried to make me feel bad. I just reminded them you are a home owner with your 20% down and I am a home owner with my 3% down. More than 1 way to skin a cat. 2nd.......depending on your builder or seller you can get your closing cost rolled into your mortgage or paid for by the seller. Sometimes these builders have promotions.

[@mirandanicole.]

im actually taking a Mortgage Loan class and I enjoyed watching this video.

[@TheBudgetingButterfly]

Reminder on ✔✔

[@LexisShantell]

Shar'via Giles 🥰🥰

[@kmsweetlove]

love that you are making videos about this, it is a very helpful series (side note): that back wall is gorgeous

[@LexisShantell]

Thanks so much 🥰

[@necykelly9765]

Best informative video I’ve came across! Thank you!

[@Jeana4life]

Glad the girl in the example got a new job or raise because having less than $700 after just house cost bills is scary when you still have to pay for utilities and groceries. There is almost nothing to save at that point.

[@LexisShantell]

Right exactly so that’s why I want people to note that this video was made since people asked me to share my personal experience, but that this wouldn’t be the case for almost anyone as everyone’s scenarios are different!

[@LexisShantell]

Also noting that in this example the $700 covered utilities as well (my utilities aren’t too much more than what they were in my apartment now, given that I live alone and am skimpier with what I utilize) lol but yes!

[@timerareneea]

Can’t wait to watch !!!!

[@LexisShantell]

Timera J 🥰🥰

[@KiahnasLifeVlog]

Thank you for this! Been considering buying instead of renting and this was soooo helpful!

[@NaturaLaii]

I love this. Great explanation and personality. This definitely helped to humble me. I usually rush to make big decisions like this because of life situations but I really need to just wait a few more months to actually start this process to make sure I have enough money for all the bills. Thank so much 💙New subbie

[@sharonhunter337]

Very good idea to pay the regular payment, then pay a separate payment on the principle. Saves on the interest.

[@detonyawhite6364]

Hello, I'm new to your channel. This was very HELPFUL & REALISTIC. Now I will not be blind going into my home buying process. Thank you

[@ajwriter5699]

This is good info. I like what you and other young people are doing to empower yourselves. You’ve done well. We actually have a lot in common. I pay my tithes faithfully and the Lord has BLESSED. I’ve gotten a 50% increase in income and save over $700/month too! I’m not going to buy right now, but these numbers do reinforce some things for me.

[@mimij4341]

Living in NY is ugh but I'm moving and in the process. I've been up n down the entire NJ just looking. I wish I can find something this cheap. My rent alone is 3000+. I've manifest and trust in God my dream is out there somewhere.

[@AlegnaAjai]

Very helpful. I am almost 50 and not yet a homeowner and even I gained some knowledge with the #'s!

[@chantaldasoul-asylum5567]

I liked your video before watching!!! Just wanted to say, your videos and presentation is very informative and engaging!!! The Students will teach the Teacher!!! Your videos have helped me so much in my buying process as well!!! Keep Going, Don't Stop!!! Your wealth at 22y/o is catapulting you to bigger and greater things to come!!! Much love from Florida's Gulf Coast♥️♥️

[@LexisShantell]

Awww love that thank you so much !

[@antoinettec.998]

Informative and helpful! Thank you for this 🙌🏽

[@derwynsharp5866]

Thank you, I have been thinking and too hesitant to buy a house. I understand a bit but I have trouble le understanding difficult information but this video did give me a basic understanding.

[@madsattacks1457]

This is the most helpful video I’ve found on KZbin. Thank you!!!

[@YulaBono]

Thanks for this video, this was soo helpful i just bought a house.

[@LexisShantell]

Go girl! Thanks so much 🥰

[@CharliEdwards]

Wow that’s a tiny down payment. I never knew you could get a house with one that small. Super helpful.

[@LexisShantell]

Just keep in mind these are modeled and also things vary but yes!

[@sarahnelson2600]

So great to watch! Love the new braids too! ❣️❣️

[@KyleMHart]

This is exactly what I was looking for. Good info. Wishing you all the financial wellness

[@N3SS_Li]

Awesome Job! You are putting out great content. I've seen three videos prior to this regarding your new home... now you present this!!! New Subscriber! - On my way to moving in my new construction townhome in July. Excited 😁

[@lindsaysumpter8686]

This was great! So helpful! Thanks so much for this video! You’ve helped me understand the home buying process so much! Super excited to begin this journey.

[@LexisShantell]

Yayyy I’m glad 🥰

[@Jagnant28]

I love this so much! Im impressed!

[@LexisShantell]

Thank you! 🥰

[@japatee]

This is awesome! I love the model numbers. This truly inspires me! Thank you!

[@Abmarp]

Thank you for sharing!! ❤

[@shacurriaaa]

You DEFINITELY just gained a subscriber. Keep up the good work ❗️

[@LexisShantell]

Yayyy welcome 🥰

[@KristenLH]

Thank you so much for the details. Most KZbinrs that make these videos are super stingy with the details.

[@812BrownSugar]

Well done young lady! This was a very good detailed video. Very helpful! May God continue to bless you.

[@LexisShantell]

Thank you 🥰

[@destinyd2310]

Absolutely love this video! Thanks so much!! Very simple yet so effective and clear!! So inspirational as well‼️‼️🤟🏽👏🏽🔥❤️

[@LexisShantell]

Thank you ❤️

[@ndnblack1]

I'm so proud of you! Young, Intelligent, Beautiful! I'm so glad I found you're page. 2 Can do anything as long as God is #1.. I ❤️how you mentioned the Lord and tithing! Blessings and Best regards to you in all your endeavors! You're going nowhere but up! And if I had 5 thumbs they'd all be up. Thanks for sharing.

[@kaylaelle]

Omgeee! Thank you for breaking it down💞 This is super helpful❤️

[@LexisShantell]

Good I’m glad 🥰

[@hinatagirl33]

This was so helpful! I am claiming that in one years time I will have a house!

[@nomiluxx]

Thank you so much for this. I’ve been doing my research since I am planning on buying soon and this gave me a good insight.

[@Innercitywomanperspective]

Thank you young lady. You did very well in this presentation. 👍🏾

[@srsmithali]

This presentation was great, your breakdown was absolutely great.

[@myblacqisbeauty]

Great video! Thanks for sharing!

[@janaet4022]

Girl yes, loved this video! Really great breakdown

[@kimberlyp1580]

love it, thank you! Currently saving. Would love to be a hme owner next year.

[@jewelthompson4210]

Your channel is golden

[@artsy9876]

I loved this! May my little girl have a similar savvy. 😊

[@AubrielleImpel]

Thank you! I’m definitely a numbers person, this breakdown helps a lot ❤️

[@oryfan]

Thank you for sharing. Definitely helpful and grabbed you a new subscriber. Love the content!

[@Beyond_realism]

thank you soo much for this video! I want to be a homeowner in 2021 so this was truly helpful! :)

[@LexisShantell]

You can do it !

[@chaitreasures6528]

Lexis I’m So PROUD of U...U are a Very Bright Young lady& God has GREAT things in Store for U& as U continue to Focus on Him 😂Like Your Makeup😃As U know He will Equip U with the knowledge U need😋Pick up Reading Materials regarding Home Ownership&How to Expect the Unexpected /House Maintenance I also enjoyed the Financial Model U did ...it’s A Clear example 0f the Buying Process...Now U are entering the DIY 😂this might land U a tv show on DIY...U are Creative 👏👏👏Use All the gifts Abba Father has givenU😋I decree Your Continued Success in His Name Anen!

[@foreverjas_]

Thank you for this video. ❤️❤️❤️

[@christianataylor8926]

Love how realistic this was. Thanks for this!

[@LexisShantell]

Christiana Taylor 🥰🥰 no problem !

[@leaningintopearl]

You explained this very well. 👍🏾

[@beautybynature5556]

By the way, I love how you spoke on how you pay your tides, because the Lord needs his cut too!🙏

[@LexisShantell]

Amen!

[@_SoulfullyP]

Well-detailed ! Thanks!

[@LexisShantell]

Of course ❤️

[@Efreeman22]

Thank you for doing this!

[@LexisShantell]

Ebone Freeman yay! Thanks so much ❤️

[@yetundealabi5151]

This is very detailed and eye-opening! Thank you!!

[@LexisShantell]

No problem glad it was helpful :)

[@alaska340]

Great video! Thank you and wish you millions of subscribers :)

[@sydneynunez3339]

god damn i need another job. big ups to you for being able to do this, its not easy!!!!!

[@TriggeringOpinionsandFacts]

This shantell example is very much similar to me besides my net pay (after tax and relevant withholding) is $49k. I most definitely need to pull my pants up and get this house ! I’ll be 23 by then

[@nyjerahb6921]

I loved this! ❤️ awesome information, you’re the bomb lol

[@LexisShantell]

Lol thank you 🥰

[@TheTyreeFoster]

Thank you for this video love. I’m in the pre-buying process

[@LexisShantell]

Woot woot !

[@aubreyjames8795]

I'm so happy for you. Such a very smart move.

[@LexisShantell]

Thanks so much !

[@HearttoHeartTV]

This is so insightful

[@LexisShantell]

Yay❤️

Love your videos!!! So informative!! Thank you 😍😍❤️❤️

[@LEOCLASS76]

Well done young Lady keep the video Coming

[@michellematthews7040]

This was extremely helpful. Thank you for sharing.

[@susannaisrael5743]

Great video sis

[@msmonroe1020]

It is VERY helpful!!! Thank you so much ❤️🙌🏽

[@theninarenae]

Love this series sm!

[@knuanu]

Thank you so much for posting this video!!!