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re: What is the new 100k for salary?

Posted on 1/22/14 at 9:59 am to
Posted by LNCHBOX
70448
Member since Jun 2009
84377 posts
Posted on 1/22/14 at 9:59 am to
quote:

Then again, I think that your mortgage estimate is high by a few hundred dollars.


It's not high. That's including homeowners, flood, PMI, property tax, P and I. And it also includes only putting 3.5% down. That's what it will cost in the NOLA and surrounding areas anyway.
Posted by Sophandros
Victoria Concordia Crescit
Member since Feb 2005
45218 posts
Posted on 1/22/14 at 10:04 am to
quote:

And it also includes only putting 3.5% down.


This and the flood insurance in NOLA were factors I didn't include.

ETA: the assessor's office in NOLA is starting to assess a lot of homes at a higher value these days. I know that some have expressed concerns over whether living in NOLA will be affordable for the working class person in the coming years. Thoughts on that?
This post was edited on 1/22/14 at 10:08 am
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