You can get incredible, fully featured software amp sims completely for free. Amplitube CS and Guitar Rig Player are both examples of these, giving you full guitar rigs containing amps, effects, cab simulations and more all in software. I take a look at both in this video, and compare their features and ease of use.

Amplitube CS - https://www.ikmultimedia.com/products...
Guitar Rig Player - https://www.native-instruments.com/en...

These are some products that Home Music Creator uses and recommends; you may find them useful for your home studio...
N.B: These links are affiliate links. As an Amazon Associate, I earn from qualifying purchases. If you click on one of the product links, the channel creators will receive a small commission.
Focusrite Scarlett Solo audio interface - https://amzn.to/3SiNrkX
Sony MDR7506 closed back headphones - https://amzn.to/47ByQp5
Shure SM57 dynamic microphone - https://amzn.to/47E1vcW
AKG K702 open back headphones - https://amzn.to/48TrKgq

The Home Music Creator YouTube channel helps amateur musicians to create music.
Please also check out the website - homemusiccreator.com.

Home Music Creator is run by Paul Douglas. Here are links to his music...
Smile EP - https://open.spotify.com/album/0gTuMx...
Lockdown Variations EP - https://open.spotify.com/album/6ThxlK...

Paul also plays guitar, keyboards and sings in the Blind Pig Truffle project...
https://open.spotify.com/artist/4RAKX...