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Real Estate
Reply to "Around 400k budget. Commute to Foggy Bottom and Gaithersburg. 1 child on the way. Where?"
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[quote=Anonymous]considering you may be in the house for quite a while, you may want to consider going just slightly above your cap, if the banks will let you. With interest rates as low as they are, you may be surprised what monthly payment you can get. We bought a $450K house at 4% with 10% down and are paying less than $2400/month. We could have come up with 20% if we stretched, but instead we were able to put some of that into renovations while still keeping the payments reasonable (by DC standards, of course).[/quote]
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