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re: Help determining how much mortgage I can afford

Posted on 4/17/15 at 7:20 pm to
Posted by makersmark1
earth
Member since Oct 2011
15971 posts
Posted on 4/17/15 at 7:20 pm to
No need to be in a hurry to buy.

Renting is not that bad and it gives you flexibility to move if a better professional opportunity arises.

Realtors and mortgage originators will tell you to buy what they can approve. I would buy a house that meets your needs.
Posted by TJG210
New Orleans
Member since Aug 2006
28352 posts
Posted on 4/18/15 at 2:37 am to
Why does anyone pay pmi? Much easier just to get a second loan to cover the remaining money to get you to 20%. Plus you can deduct the interest....not sure you can Deduct pmi.
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