My partner and I both bring in $10000 net combined per month and are interested in a $780k home 2100 sq feet home. We will put in $180k down payment. Interest rates average around 6%.
Mortgage and interest - ~3600
HOA - 700/month (increase 5% each year)
Property tax - 12k annually
Total - ~ $5300
Plus maintenance etc.
Other fixed expense - $1000 for family support.
Other fixed expense might be $500 for travel to work.
We dont have loans or car payments.
No kids but might plan in two years.
u/Crazy-Diamond-6011 — 17 days ago