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Reply to "Just bought an $800,000 house on a $186,000 salary and now I'm panicking...."
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[quote=Anonymous][quote=Anonymous]I think you'll do okay as long as your jobs are secure and might increase. The scary thing is that you didn't put down 20%. We had similar stats but put down 30%. Our salaries have increased since and it hasn't been hard making payments.[/quote] Why would that be scary? Rates are so low there isn't a big upside in cash flow to putting down much more.[/quote]
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