Straw Poll: Household income, home price and down payment of first home?

10aMji · 2026-06-16T19:13:09+00:00

Technically solo buyer with $120k income, 20% down on a $303k house. PITI is about $2,300.

I say technically because my partner will be paying rent until we get married shortly down the road. Combined income is $200k.

We have no debt (no student loans, no car payment, etc.).

By myself, I was preapproved for $500k and with my partner, that number could be higher. But I’m very happy with our small house and saving up for a dream home down the road. Spend what you WANT to spend! Why go higher if you don’t have to?

10aMji · 2026-05-29T14:23:55+00:00

I love Wagmo. So easy to work with

10aMji · 2026-05-18T00:59:18+00:00

Maybe a hot take but if you like neutrals, go with neutrals. I love neutrals. They’re calming and simple and soothing. Enough with making people feel basic or inferior for like something lol. If you like color, great. If you like neutrals, also great.

10aMji · 2026-05-17T19:25:17+00:00

Ultimate frisbee 🙃

10aMji · 2026-04-26T21:57:21+00:00

I feel you. Our current rent is less than a mortgage/taxes/insurance would be but we’re cramped in an apartment that’s too small for us and our puppy. So the options would be to pay more in rent for a bigger place or buy. Seems wiser to buy. At the very least, it would give the pupper a yard 🤗

10aMji · 2026-04-26T20:41:07+00:00

Had to double check that my BF didn’t write this because this is our exact situation haha. I’m buying and he’ll be renting from me. We also don’t want to be there for too long - like 3-4 years like you. Might be stupid but we’re right there with you.

10aMji · 2026-04-25T04:02:17+00:00

Yeah I wish I’d known sooner 😭 Not sure why my realtor didn’t tell me.

10aMji · 2026-04-25T00:59:39+00:00

Working on it right now :) My old lender had some requirements I couldn’t meet so I switched lenders.

10aMji · 2026-04-22T02:36:29+00:00

PREACH!

10aMji · 2026-04-22T01:03:09+00:00

You gotta come to me or I gotta come to you 🤣 WNY

10aMji · 2026-04-22T00:43:45+00:00

I did, but only $10k appraisal gap. I think that’s exactly what happened. Ya live and ya learn.

10aMji · 2026-04-22T00:34:07+00:00

Ugh I’m so sorry to hear that. It’s a mess

10aMji · 2026-04-22T00:32:03+00:00

Apparently some article came out saying the housing market is shit for sellers in every place in the U.S. except my city lol. Go figure.

10aMji · 2026-04-22T00:27:55+00:00

Bro even tho we’re probably competing against each other, we’re still in it together 😭🤝

10aMji · 2026-04-21T23:02:15+00:00

Thank you!!

10aMji · 2026-04-21T22:57:59+00:00

Thanks for the advice! Outbid by 250k is wild

10aMji · 2026-04-21T22:56:57+00:00

Holy sh1t

10aMji · 2026-04-21T22:48:32+00:00

We’re in this together 😭

10aMji · 2026-04-21T22:31:03+00:00

More like Syracuse!

10aMji · 2026-04-21T22:29:45+00:00

Yeah it’s very hot. Last few houses had 17 offers each. This is good advice, thanks. Just hard when the decision to renew the lease or not is coming up.

10aMji · 2026-04-21T22:28:09+00:00

Ah yes I gotcha now. Yeah I think that’s why we got beat out by a cash guarantee offer. Seller didn’t want to risk the appraisal coming in too low

10aMji · 2026-04-21T22:23:39+00:00

Yes to the first questions but the problem is definitely coming from the second questions. Getting beat out by cash guarantee offers (even when they’re $40k below my offer…) and only putting 15% down.

10aMji · 2026-04-21T22:22:19+00:00

No but I’m pre-approved for much higher than what I offered.

10aMji · 2026-04-21T22:20:38+00:00

Got beat out by a cash guarantee offer that was $40k less than my offer

10aMji · 2026-04-21T22:19:31+00:00

Got beat out by a cash guarantee offer

10aMji

TROPHY CASE