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Real Estate
Reply to "How much would you spend on rent with $115,000 gross income?"
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[quote=Anonymous]OP again... now we're thinking we should just save up for a downpayment and buy a place, even if we can only put down 10% instead of 20%. We pay $1700 in rent now, both put 10% into retirement, and are paying about $700 more than we need to on our student loan and car loan. What do you think is the minimum home price for a 3 BR, 1.5-2 BA place in DC approximately 1/2 a mile from a metro stop? We have excellent credit so could probably get a decent interest rate. Thanks so much for your help![/quote]
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