When developing a personal financial plan, how can one determine that they could make a significant capital expenditure, such as a home purchase?

All of the options are correct

The house can be purchased when enough funds are accumulated in savings to meet a down payment and the income and current expenses during each period results in a surplus

The purchase can be made at any time since the money would be borrowed

The house can be purchased when enough funds are accumulated in savings to meet a down payment and the income and increased expenses including a mortgage payment during each period results in a surplus