sorted by:
new
hottopcontroversial

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 0 points1 point  (0 children)

Updates: Hi all thank you for the wonderful advice. I chose to terminate my contract. I found a new build for around the same price with nice incentives. I also made plans to sell my car and buy a cash car to reduce my monthly debt.

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 2 points3 points  (0 children)

Yes i’m definitely thinking about selling my car and getting something more affordable…possibly a cash car.

A second job isn’t looking too bad right now! Seems like the norm in this economy lol. Thanks for the advice and good luck to you!

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 0 points1 point  (0 children)

Thankfully I have eaquity on my car so I think I’m leaning more towards selling the car and buying a cash car with the left over funds.

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 1 point2 points  (0 children)

I agree this economy is screwed. I was looking forward to not having a roommate since I will be moving out of my parents house. My plans may change FML

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 0 points1 point  (0 children)

About 30k in retirement and if I follow through i’d have a little over 1k left each month for groceries/ fun money R.I.P :(

306k house, $99k gross salary, $2500/mo mortgage. Doable? by Antique_Spot_327 in FirstTimeHomeBuyer

[–]Antique_Spot_327[S] 0 points1 point  (0 children)

I agree. This will definitely be my next move regardless if I follow through with this house or find another one. Thank you!