Anonymous wrote:$4400 piti. Bought at $1.1m in 2014 with $350k down.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Wow. I am a new poster and these seem so low. We currently pay $3200 (including Insurance and tax). We have 12 years left.
We are looking for a bigger home and expecting the monthly payment to double to $6500.
Combined we earn $350K.
Join me in my barely updated small 1961 ranch in an undesirable neighborhood and you too could have a cheap mortgage!
We are in a 1965 Ranch that is TINY for our family. We are in a nice area though. I need more space before my kids turn into teens!
I thought we were doing good, but maybe not. ugh. I HATE that homes are so expensive here and I also dislike that so many newer ones are so big.
Anonymous wrote:Most numbers on this site are low for NW DC, Bethesda, Arlington, McLean. In those areas, for those with mortgages, you're usually starting at 5K not including escrows. A million dollar mortgage at 3% (30 year) is $4,216. Rates are currently almost 6%; you're looking at almost $6K at that rate. That, by the way, is why homes are sitting on the market (and will eventually be reduced.)
Anonymous wrote:Anonymous wrote:Wow. I am a new poster and these seem so low. We currently pay $3200 (including Insurance and tax). We have 12 years left.
We are looking for a bigger home and expecting the monthly payment to double to $6500.
Combined we earn $350K.
Join me in my barely updated small 1961 ranch in an undesirable neighborhood and you too could have a cheap mortgage!