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Reply to "is it worth it to buy a house?"
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[quote=Anonymous]We are DINKs, married 4 years, renting all that time and getting our finances in order. We have enough monthly income and 10% down to afford a house in the neighborhood we want. The mortgage will be 2.5x our current rent. We'd like a house, our income will go up a lot in the coming years, and childcare costs will not be an issue. Yet the frugal part of me wonders if it's worth it to spend so much each month when we can so cheaply rent instead? Feels like such an unnecessary splurge, especially when the house won't be too much bigger than our current apartment. [/quote]
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