Good evening yall,
(Sorry if txt is weird, I'm on my phone)
My husband and I are in the process of buying a home (currently in the underwriting stage). I don't know if I'm just getting cold feet because it's such a huge purchase; and we are first time homebuyers, or what. However, I'm nervous if I'm budgeting correctly or not. After all the bills are paid, and after $400/Month on food, $107, for formula, $200 for fun money, and $89 for oil changes (no I don't get them every month but it does occur so I budget for it), we only have about $23 left (plus we have a couple $k in savings). Does this seem normal to have such little left over at the end of the month? Is this house actually out of our budget? Should we back out and find something smaller for less of a monthly mortgage payment in order to have more left over after all said and done at the end of the month? I'm worried and scared, I could really use some advice, tips, helpful information, please help!
Thanks in advance!
TLDR: Buying new house. Budget covers all bills and food; but only minimal left over ($23) every month. Is that normal? Or is the house too much?
Submitted March 11, 2017 at 11:43PM by Deltasig1708 http://ift.tt/2mxRUQe