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Reply to "Am I crazy for thinking that we could afford this?"
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[quote=Anonymous]DH makes 120K-ish and our mortgage is 410K. We live a pretty good life, but neither of us are big spenders. However, I stay at home, so we don't have daycare costs. I'm not sure you can depend on your parents and inlaws, so I would make sure you have enough extra to pay for childcare in case it doesn't work out. Do you have 20% downpayment saved up? I think that would be important. Our PITI is about $2500/month. Can you afford that? A good idea would be to save your expected PITI for now. Take your expected PITI amount and bank it and see if you can make your budget work while saving that, and that would be a good little nest egg for when you do buy the house.[/quote]
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