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Reply to "How Much House Can We Afford? HHI 215K"
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[quote=Anonymous]OP - if you listen to the over conservative scolds on DCUM, you'll underbuy and regret it and then spend even more money in a few years in closing costs and aggravation to get into a better house/neighborhood. Do the math and figure out what can work for you. Keep in mind tho that once you lock in a 30 year mortgage, housing costs will remain flat (with some increases in taxes/insurance). Think about how much you paid in rent 20 years ago vs. what you pay now. Having that 10 year old rent now would be pretty sweet, right? That's what it'll be like in 10 years with your mortgage. [/quote]
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