Hey all,
I'm trying to get realistic number as I go about my search for a home. I'm in the early stages and no where no ready to buy. I'm still saving up for my initial downpayment at this point. I just need to figure out how much I need to save.
Just some background - Assuming I have a combined income of $240k/yr pretax. No debt besides revolving credit card dues for monthly expenses. Saved up emergency fund. Actively contributing to retirement.
Using online calculators, I'm told I cannot afford anything more than $800k. Are these calculators realistic? What is the best way in figuring the cost I can afford?
Thanks!
Submitted April 06, 2017 at 12:37PM by Kl323 http://ift.tt/2nP1Bth
