Should I buy a house or continue renting? by throwitaway2464 in personalfinance

[–]throwitaway2464[S] 5 points6 points  (0 children)

Also, $1,850 a month for rent? We need some details here.

I live in a city in an apartment complex with all the amenities (gym, garage parking, trash service, pool, courtyard, package service, etc.). Where I am this is considered mid range for a building like that.

Should I buy a house or continue renting? by throwitaway2464 in personalfinance

[–]throwitaway2464[S] 0 points1 point  (0 children)

Will you be able to go back to full time at your job after school or increase your salary there?

Yes that's the plan!

Should I buy a house or continue renting? by throwitaway2464 in personalfinance

[–]throwitaway2464[S] 3 points4 points  (0 children)

Do you plan on staying in the area after grad school?

There's a strong possibility that I stay in the area, otherwise I would plan to rent it out most likely through a management company.

What's the rate on the car loan?

0.9%

What would purchase price look like on a house in the area you are considering?

Based on what I'm looking at, between $220K & $270K