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Did we buy too much house? I think I made a mistake in purchasing our first home.
Did we buy too much house? I think I made a mistake in purchasing our first home. We purchased our first home in 2022 for $700K with 3.3 % ARR and 20% down. My mortgage is $2500/month. My wife and I gross approx $250K. I am 40 M and she is 38. At the time of purchasing we didn't take into consideration how much insurance and taxes will go up. I will in Dallas area and my home now is valued at $1M which bring my property tax t...
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