Calculating My Affordabilitty
I am 23 and looking at a 320k house. I have 70k savings and make about 87k-93k gross a year with a 6.375% interest rate. I am looking to put some where between 50k-55k down and save rest for closing and other expenses. I am just trying to see is this is even doable. I have no debt at all. Best guess is mortgage would be around 2,450 a month. All the calculators online say its no problem/fit comfortably on just me.
On top of this my girlfriend would move in with me and she makes about 40-45k gross a year. She would be willing to help with paying some utilities and around the house stuff like groceries etc. Obviously this makes it easier I just don't want to get both of us in a shitty situation.
I just want to ask people and see if this is too much of a stretch or if this is realistic.
Thank you