I am buying a house right now which is a bit overstretch on my income and saving. Loan is ready to close and everything is set within few days.
15 Years - 3.125% rate.
Monthly payment - $2150 with Principal, Interest, Insurance, Taxes, and HOA included.
The reason why I decided to buy a house because I had support from my wife, she was willing to split the cost of the house.
Now I don't have that support anymore, she is telling me that she will not pay anymore and I will have to do everything by myself.
My Monthly Income: $2800 after taxes and insurances etc. Soon it will be $2500 or $2600 because I will take loan out of my 401K to pay for some down payment.
That leaves me with $400 every month to pay for Vehicle Insurance, Internet bill, Phone bill, Utilities, and other Misc cost.
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I have loan under my name only. She can't get loan since she doesn't have long term credit history because she recently came to US about year and half back.
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I think I am going to tell attorney to put my name only on title now since she is doing this to me.
What would you do if you were in my situation? I don't think I can get out of buying a house now. I don't know what I am going to do now and really panicking.
Submitted April 13, 2017 at 09:51AM by EvilPugs http://ift.tt/2ovyXQD
