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Reply to "How much mortgage can we afford?"
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[quote=Anonymous]OP when you add in loans & food your burn rate is already going to be $8000/m. Husband needs to work while kids are in daycare/preschool. Also, you can cut those phone bills in half by asking; internet is too high; car note is insanely high, you could own a good reliable CPO car in two years of what you’re paying to lease. If you’re going to buy, it should be a 2 BR condo that you live a few years till kids are school age, then you can rent it out for income after or sell & roll the equity into a small house. You really need to throw everything at those loans or you will pay them twice over in interest. Does your employer offer any student loan repayment?[/quote]
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