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Reply to "Would you buy a $1.2M house on this HHI?"
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[quote=Anonymous]What does that put your monthly payments at? A little over 5000? That seems very doable. We took out a 350k mortgage when HHI was 150k and we had 1200 or so in monthly student loan payments. We never felt even slightly stretched by it. You're at twice the income with no student loans, so that seems like you could afford 3 times as much house. Our HHI now is about 220k and once we get rid of student loans I would consider buying a house in that range - it's pushing it a bit, but we could definitely do it with little/no sacrifice. [/quote]
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