A shiny new car can be tempting, but it could keep you from buying a house.
A mortgage lender will look at your debt-to-income ratio.
An expensive car payment could make your DTI too high to qualify for a home loan.
An auto lender will check your credit.
A hard inquiry and increased debt could lower your credit score and make it hard to get approved for a mortgage.
If you need to replace your car now, buy a used vehicle in good shape with low miles and a warranty.
The lower monthly payments will help you have a better shot at qualifying for a mortgage.