---
title: Zillow Launched A New Tool To Help Millennials Buy Their First Home
description: Zillow has created a new website catered to first-time, millennial home buyers. The new feature calculates monthly cost
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published: '2017-05-02T15:06:58.000Z'
modified: '2024-05-16T12:23:22.000Z'
section: Housing
tags:
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![House with American flag and 'for sale' sign, low angle view](https://img.money.com/2017/05/home-for-sale.jpg)
*Georgia, USA*

[Zillow](https://money.com/donald-trump-tower-white-house/) has launched a new website to help millennials buy their [first homes](https://money.com/first-time-home-buyer-checklist-tips-advice/).

On RealEstate.com, users can now search for homes by their monthly payment — a new feature that more easily compares budgeting for a new home to a monthly rent.

In fact, budgeting to buy a house is the top concern for home buyers, according to [Zillow Group's 2016 Consumer Housing Trends Report](https://www.zillow.com/research/zillow-group-report-2016-13279/). Using the new tool, prospective home buyers can calculate their "All-In Monthly Price" for homes, which includes property taxes, homeowner's insurance, principal and interest as well as other related costs.

"We know from our research that affordability is a huge driver for home buyers, and that first-time buyers are more likely to go over budget," Jeremy Wacksman, chief marketing officer at Zillow Group, said in a statement. "By tailoring the home search experience on RealEstate.com around a home's monthly cost, we hope to make the home buying experience less daunting and even more transparent for first-time buyers."

The new website, which is also available in Mandarin and Spanish, is catered toward millennials, who make up 56% of first-time home buyers, according to Zillow. It also includes detailed answers to questions like "Are you ready to take the plunge?" and "Your debt-to-income ratio: What it is and why it matters."

In addition to the features catered to young, first-time home buyers, RealEstate.com also has typical details, including filters by square footage and bedroom count, as well as photos and locations for each potential home.

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