Husband and I - no kids but actively trying. Our plan is this will be the forever home.
*Home we are considering is 825k, new construction, no HOA, medium-high tax rate town.
*We make combined 250k annually.
*12.5k monthly take home after taxes and 401k.
*No debt what-so-ever.
*200k in savings, will put 20% down.
*Own a home with 50-80k equity that we will sell immediately after moving into the new home. (For personal reasons I can’t share, we need to move out of this house in the next six months.)
I’m just looking for a gut check. I’m very financially conservative so I’m not sure if my anxiety is legitimate or overreaching.
Mortgage payment will be between $3900 - $4300, in the process of nailing this number down.
Edited for formatting on mobile :)
Submitted March 14, 2024 at 11:03PM by pinkguavafruit https://ift.tt/q6o5LBN
