re: Question about using fiancée's income when buying a home

quote:

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We have most of the furnishings and decorations from our rental in br, so that's not a real issue for us. And at this point, I'd rather buy then pay rent to someone again. We know we are going to be here long term, so renting has zero appeal to me when I can pay almost the same amount to own the home.

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Renting for a year could get you out of PMI payments though

So you can pretty much blow the whole "paying rent to someone" logic out of the window. You're "throwing money away" on PMI just as much as you would be on rent.