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Reply to "HHI $250k what would you spend on mortgage?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you need more than 275k to get a house 700k+, who in the world is populating every 2000 sq Ft+ SFH in Potomac, Bethesda, McLean, and even North Potomac/lower Gaithersburg? Where is this explosion of high income jobs? I think up to 900k is fine, especially if you can put down above 20%. [/quote] My thoughts exactly. Can’t find much under $1.1 million anywhere in nova. [/quote] I’m the $275k PP and that’s not really true. Inside the beltway there is plenty in Falls Church 22041/22042/22044 and Annandale for ~$800k. Not fancy houses and private may be necessary, but totally doable.[/quote] 800k yes, but posters were telling Op not to go above 600k. Which is like… a shack or tiny shoddy townhouse in a respectable neighborhood. You don’t want to be living in a shack or a grungy neighborhood if you’re making 275k[/quote] I assumed they meant a $600k mortgage, not house. In any case, that’s what we make and we compromised on neighborhood (I wouldn’t calls our grungy but it’s not particularly nice) to be able to get a SFH close in. [/quote]
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