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Years 26 and 27 First Time Home buyers, how much can we afford?
Years 26 and 27 First Time Home buyers, how much can we afford? We have currently make around 120k after taxes and 401K contributions (10-15% to each fund) yearly and currently renting for 1.8k a month. We have saved 70k on a down payment, 55k in stocks (not a retirement fund) and have close to 50k in additional savings. Using the 28-32% rule we figured we can afford a 2.7k-3k mortgage payment including taxe...
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