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Reply to "Another how much PITI can we afford post"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, we have a similar salary, but higher 401(k) and 529 balances and less equity in our current home (we expect about $250K when we sell). We are looking in the $4500-$4700 range. I suspect this means we are looking at very similar homes -- the further out you get, the more house you get for your money. If you're in Virginia, the further south you go, the more house you get for your money. Look in Springfield/Burke/Fairfax Station for good schools in that price range.[/quote] +1 [/quote] You'll be spending 900k minimum.[/quote] I don't think so--looking at single family houses sold in the last 90 days in Burke and Kings Park West there are loads of houses sold in the 700-900k range. Same when you enter last 2 weeks. [/quote] If you can’t even get one of those because there are about 8 to 10 offers on each house right now[/quote]
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