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re: House = (x)household income
Posted on 8/10/15 at 4:10 pm to Spirit of Dunson
Posted on 8/10/15 at 4:10 pm to Spirit of Dunson
quote:I mean no confusion you are right in line with money talk average
house was about $260k, then we put 20% down. Live in BR. Also, we bought it in 2010 when prices were pretty low.
Making 130k, 52k to put down for your first home, no biggie.
This board makes me feel like a piece of shite peasant sometimes
Posted on 8/10/15 at 4:15 pm to lsupride87
If it makes you feel any better, I'm at 1.5x on a house in NOLA and only put 10% down.
But refi'ng now (2.5 years later) to get to a conventional.
My key. My wife works and keeps making more money
But refi'ng now (2.5 years later) to get to a conventional.
My key. My wife works and keeps making more money
Posted on 8/10/15 at 4:16 pm to lsupride87
quote:to be fair, I was 30 when I bought my first home. It wasn't really a starter home or anything. We had decent savings from 8 years in the job market beforehand.
Making 130k, 52k to put down for your first home, no biggie.
Posted on 8/10/15 at 5:25 pm to lsupride87
quote:
This board makes me feel like a piece of shite peasant sometimes
its money talk, not poor people talk. Rich people like to talk money. They are not representative of the population at large. If you make 130k, you are doing amazing. Don't let anyone tell you different.
This post was edited on 8/10/15 at 5:29 pm
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