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Reply to "In what price range should we be looking?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]On $180K I'd say get a $400k mortgage, no more.[/quote] That it silly low. More like 540k.[/quote] Hardly. $400k with property taxes will run you in the ballpark of $2500 a month. $180k, after taxes and 401k and such will net you in the ballpark of $9k. So I'm advocating spending in 25% to 30% range of your take home. That's about standard. We can debate $400k vs $540k (how oddly specific) but whatever your perspective $400k is not "silly low". [/quote]
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