Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Can we afford 950k home with this stats "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Technically yes, but you shouldn't. A $700k mortgage is too expensive for what you need for 2 people. Over the next 5 years: - pay off the student loans - save an extra $100k-$200k for downpayment. -then when you are pregnant or having your 2nd kid, look for the bigger home. [b]It's excessive at this point in your life. [/b] [/quote] This depends largely on where you live. In some areas, $950K buys you a 3000sf new construction 4/2 home. In others it buys you a 1000 sf 2/1 fixer. While the former is probably excessive for two people with no immediate plans for kids, the latter isn't, especially. Context is important here.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
