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Reply to "How Much House Can We Afford? HHI 215K"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Have been talking with financial planner and are looking to buy a place. Spouse and I have pretty different ideas on how much we can spend on a house. - HHI 215K. One of us near the top of our range; another has potential to go up maybe 50-80K - We are early-mid 30s; no kids; would like to start trying soon - Retirement savings of around 230K - Not much savings for downpayment, only around 50K - Good credit ratings so hopefully good mortgage rates? What do you think? One of us wants to stick under 500K, the other wants to go up to 700K.[/quote] 400k max[/quote] That's hilarious. Where can you even buy for 400k closer than woodbridge or Winchester? I have friends who are looking to spend $450k on $78k yearly salary so I'm sure OP at $215 can swing a bit higher than 400.[/quote]
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