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Real Estate
Reply to "$410k house with DH salary stretching ourselves too thin?"
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[quote=Anonymous]I saw a lot of conservative people here. If this is a real world, our housing market will not crash, because people will never be late for their mortgage payment. House will not be foreclosed. Let's see some number base on OP's post. $84k plus 10% bonus. That's only use $84k. $410K house with 20% down, therefore PITI, ins and tax will be around $2K per month. I will assume their take home pay will be somewhere around $5000. Basically there will be $3K left for other use. OP: here will be your call how to manage the $3K for your day to day living. No one really can give you advice for that. since you are SAHM. I think you will cook a lot. If you would like to dine out most of time. i would said $3K will not be good enough for you. [/quote]
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