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Reply to "Nerdwallet's How Much House Can You Afford is comical!"
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[quote=Anonymous][quote=Anonymous]So much user error in this thread! I guarantee everyone who is saying "OMG it recommended such an expensive house!" vastly underreported their monthly obligations. Did you include your retirement contribution? Monthly savings? Childcare? Tuition? Student loans? 529 deposits? If not, then PEBKAC. No kidding it recommended an expensive home, it thinks you have oodles of free cash you don't actually have![/quote] The calculator doesn't ask for retirement contributions or monthly savings or childcare or tuition or student loans. It recommends a really expensive house independent of these things. That is our complaint with the tool.[/quote]
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