Anonymous
04/19/2024 06:21
Subject: What can we realistically buy with $250K HHI?
Anonymous wrote:We bought a house with a 500k mortgage in 2016 on a similar income, it was tight but we also had two daycare payments at the time. Very little wiggle room money and that was with a lower interest rate than today. We ended up leaving the area due to a job transfer and now feel much less “house poor”. Not having that huge panic over money if something goes wrong was a huge mental game changer. I would opt to buy either further out, especially with three kids.
2016 when interests rates were low, and you’re complaining about not affording your 3k mortgage? Not helpful to the OP at all. OP would have to buy out in WV to have a 3k monthly mortgage payment if she is doing 20% down.
Anonymous
04/19/2024 06:09
Subject: What can we realistically buy with $250K HHI?
Anonymous wrote:If you can't afford 900K, this 3 bedroom, 2 bath condo in McLean looks good at $500K. They've made a few upgrades and everything looks like it's in good condition. The complex is older, but you can't beat the HOA fee of only $300 per month.
https://redf.in/mGCZPZ
That looks depressing.