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Message
re: Mortgage Amount 2-2.5x Annual Income
Posted on 4/13/22 at 12:20 pm to hiltacular
Posted on 4/13/22 at 12:20 pm to hiltacular
Much of this depends on future earnings growth potential and future expense growth potential. Maybe all of it.
If you make $150k a year but have pretty good line of sight to making $250k in a few years do you really want to short change yourself by buying a less desirable house?
Other side of the coin, you expect to have 2 kids over the next 5 years.
If you make $150k a year but have pretty good line of sight to making $250k in a few years do you really want to short change yourself by buying a less desirable house?
Other side of the coin, you expect to have 2 kids over the next 5 years.
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