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Reply to "How much can we afford to spend on home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I disagree. Don't go over $800. But really, the issue is your take home v. The payments. Give us those numbers and we can help better. Also, are you looking in a school district that will likely keep your kids out of private?[/quote] This is shitty advice. $800 is only 2.86 times gross. This is an entirely arbitrary figure. There are various calculators out there and there's a reason the bank pre-approved for 1.2 mil. [/quote] There's a reason I can supersize my fries too but.,.. It's really just a question of tradeoffs: big house or more financial cushion, subzero fridge or more vacations, etc. It's not shittt advice, it's just advice. [/quote] We make about the same. Bought 800k home in school one we love. And we love never having to stress about money. We have simple tastes, but the impulse 'lets go to Disney for spring break' is easy. Kids only young once. More house is more rooms. And more downside if housing ever drops [/quote]
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