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Reply to "First time home buyer. Am i over extending?"
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[quote=Anonymous]I was in about the same position as you -- single mom of four year old - when I bought our townhouse. I was making maybe a little less than you - and my mortgage is 1425. But here's the thing -- my salary has gone up and I wish I had extended just a bit more to get a nicer place. At the time I had her in daycare and just couldn't see beyond that. If you think your salary will go up -- I think it could be doable. [/quote]
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