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Reply to "How old were you when you bought a house that is $1.2m+"
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[quote=Anonymous]We were approved for a $1.2M mortgage when we bought our house at 33/34. Borrowed $600k instead, refinanced a couple of years ago, and now we have a sub-$3k mortgage for a house worth ~$850k. We could probably have swung the payments on the expensive house but we didn't need it. We'd probably be approved for some truly ridiculous number now, but I would never buy based on a bank's assessment.[/quote]
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