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Reply to "How Much House Can We Afford? HHI 215K"
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[quote=Anonymous]We make just a little more than you (10%) and recently bought at just under 700K with two kids in daycare. I'd talk to a mortgage broker about options with little downpayment. I would not be surprised if you find waiting until you have 20% to put down will make much more financial sense. We found that the difference in paying $500K and $700K was a wash when you factored in that $500K neighborhoods more often meant private school. Also, we're big savers and had 20% down plus some. [/quote]
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