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Real Estate
Reply to "HHI for $700K house?"
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[quote=Anonymous]I have a $700k house with a $107K income, but I have less than a $400K mortgage. The $2,500/mo payment is manageable, but there isn't much room for extras. I agree with the poster who said to figure out what monthly payment you could handle and use that to determine how much to borrow. I would have been more comfortable with a $2K monthly payment, but in order to get a good commute and great schools, I had to go to $2,500/mo.[/quote]
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