#modest

Should we put 50%+ down on a house? Modest income

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Should we put 50%+ down on a house? Modest income Husband just retired, gets $1500/mo social security. Between his side hustle and my sporadic modest income, we also bring in $3000/mo average. So total income is $4500/mo. Paying over $3000/mo rent now. For security’s sake, we’d like to buy a house and only spend up to $1500/mo on mortgage instead of renting for twice that. We have $300K savings…

Reddit Personal Finance 854 2024-10-31

How can I save money for an apartment on a modest income?

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How can I save money for an apartment on a modest income? I may be asking the impossible but I’m interested to hear from anyone who managed to buy their own place on a modest income. Some background: I live in France and you can buy a one-bedroom apartment in my city for about 100,000€, although the prices are of course going up. So I’d need at least 10,000€ saved (more when you factor in price increas…

Reddit Personal Finance 1.3k 2024-02-06