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Reply to "how on earth can we save a down payment?"
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[quote=Anonymous]We lived in a crappyish 1 BR for 3 years and were able to save 1500/month. That gave us our down payment, plus a little money I had saved before getting married. (We had a super cheap wedding, BTW.) Although we qualified for a larger loan, we refused to borrow any more than would allow us to make a 20% down payment. We live outside the beltway and have a nice (older) house and a huge yard. Husband has a 30 minute commute to Bethesda and I have a 40 minute commute to DC. We bought 2 years ago. Our HHI is 140,000. We live pretty simply, but can afford extras every now and then. Out mortgage is 1500 and daycare (in-home) is 900/month. [/quote]
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