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Real Estate
Reply to "$330k income - house buying"
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[quote=Anonymous]I think OP is a little bit high but not much. We are two Feds with $380 HHI (financial agencies), 400k down, bought for $1.3 so a $5300 PITI. It is totally fine. Kids are older so only child care costs in the summer. Max out retirement, save plenty for college. Paying for good schools and a 15 minute commute. Could pay less to live in Lorton and commute two hours per day, but don't want to do that. With OP's stats I would spend 1.1-1.2. We were looking in 900-1.1 range and everything had at least one major drawback, whether it was dated house, busy road, less space, no yard, weaker schools, longer commute, etc. Going up to the 1.1-1.3 range was a big jump in quality of options. [/quote]
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