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Reply to "HHI 200K - how much house can/should we afford"
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[quote=Anonymous][quote=Anonymous]We are going through the same process, with just about the same HHI. We currently live in Arlington, but we're moving to Potomac. One of us works in VA, the other MD, so we were trying to split the commute. We're looking at $700-725k with 20% down. We have one car payment, and one kid in a nanny share which combined costs $2,000/month (but we don't pay for child care in the summer). We will have a cash cushion when it's all said and done, but it will be hard to add to significantly for a few years. We both have steady and secure jobs. To be frank it's a little more than I feel comfortable with, but with the areas that make sense for our commute there was nothing desirable for less than that. We both grew up in MoCo and we expect to be in this house for a while. There are definitely areas that we can cut back on if it came to that.[/quote] Have you looked at McLean or West Falls Church?[/quote]
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