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Reply to "At what point would a $6000 monthly mortgage make sense?"
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[quote=Anonymous]We are looking to buy for the first time. We have no property to sell to roll into our down payment. Looking in the $1.1-1.3 range so we can buy one time and be done with moving (therefore skipping the "starter home"). With 20% or a bit more down, that still means a $6k monthly mortgage. Is that crazy?? Our rent is $4400/month. Thoughts?[/quote]
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