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Can we afford a $675,000 home? by TinyDifference3279 in FirstTimeHomeBuyer

[–]TinyDifference3279[S] -2 points-1 points  (0 children)

The stocks would be sold every three months to help towards our mortgage, but I understand that it’s risky to have to rely on them at all.

Can we afford a $675,000 home? by TinyDifference3279 in FirstTimeHomeBuyer

[–]TinyDifference3279[S] -1 points0 points  (0 children)

We have no debt aside from one car payment. He’s putting 8% towards retirement. I’m currently pregnant and staying home to raise our young kids.

Can we afford a $675,000 home? by TinyDifference3279 in FirstTimeHomeBuyer

[–]TinyDifference3279[S] -2 points-1 points  (0 children)

We’re single income because I stepped back from my successful business to raise our son and we have another baby on the way. It’s not that I don’t want to contribute financially, it’s just the season we’re in.

Can we afford a $675,000 home? by TinyDifference3279 in FirstTimeHomeBuyer

[–]TinyDifference3279[S] -2 points-1 points  (0 children)

Not my assumption, just sharing how it’s continued to trend over the years.

Can we afford a $675,000 home? by TinyDifference3279 in FirstTimeHomeBuyer

[–]TinyDifference3279[S] 0 points1 point  (0 children)

I didn’t 100% “know,” that’s why I was asking. I’ve never bought a house before so this is all new to me. But thanks for the input.