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Reply to "The problems of having your income be bonus driven"
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[quote=Anonymous][quote=Anonymous]Something DH and I have always done is to make sure that our mortgage is affordable on one income. On our current home we put down more than 20% in order to get it to that point. I'm sure financially there are better moves, but this has been something that has helped us over the years. So in your case, get the mortgage to where you can afford it on your base salary.[/quote] +1 And also you still need a 6-12 month EF for your monthly expenses. If you don't have that, you are not ready to purchase a home, IMO. Too much can go wrong [/quote]
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