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Real Estate
Reply to "Can we afford a monthly mortgage payment of $4900?"
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[quote=Anonymous]If the OP had no student loans and no car payment then it might be OK. I would not do it in OP's position. If you can't pay cash for a car then don't further extend yourself. We had leased 2 years ago but the terms were great. http://www.irs.gov/taxtopics/tc505.html[/quote]
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