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Reply to "If your HHI is less than 100k"
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[quote=Anonymous][quote=Anonymous]100K last year (85K when we purchased our house, and 40K a few years ago, DH's salary, I stay home) House in downtown Bethesda, bought 2010: fixer-upper, 50% down and $2700 mortgage. DH took out maximum loan so that we could also pay for renovations to gut the first floor and rebuild. The key here is that we had saved a significant amount to afford a big down-payment. [/quote] Oh my gosh. This is nuts. Reminds me of when my friend who is a real estate agent told me I'd be surprised about how many people in Arlington and Bethesda are living paycheck to paycheck. Anyway, we are on the 'lower' end ourselves. Our HHI is $116k, but our mortgage is $1700. We pinch pennies, but we still live very well. [/quote]
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