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Real Estate
Reply to "HHI for $700K house?"
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[quote=Anonymous]If you've recently bought a house around $700K, what is your HHI? Ours is $160K, and the "how much house can you afford?" calculators all tell me we can swing a $700-$800K house. We have about $200K in equity in our current house that would be available for downpayment, and no other debt. Right now we are paying for daycare x2, so $700K sounds way out of reach. But it feels like it will be a little high even in a few years, when daycare will be over. I'd been thinking we could afford more like $600K then. But going up to $700 would really open up a lot of options for us. Are other people buying those houses with a similar income?[/quote]
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