RP: affording a home
RP from 08 Brides Where do you plan to live?
(there is currently a whole long chat going on about this. Advice is needed!):
After Christmas we are going to start looking for real. (currently we each still live a t home)But I've been looking a little bit online. And I'm so confused
I'm trying to figure out what we can afford. And going on sites where you can plug in how much you can put for down payment and motgage rates and then it gives yiou an 'approximate' monthly payment. How close are those numbers to the real thing? Because looking at it, of course depending what town you're looking in, it seems like it may actually be less to make a mortgage payment than pay rent every month.
If that's really the case then I think it would be better to invest in a house than rent a place right?
Also, how much does it really cost to own a house per month? Once you figure in insurance, electric, etc etc?
I'm so confused and overwhelmed
Where do you plan to live?
(there is currently a whole long chat going on about this. Advice is needed!):
After Christmas we are going to start looking for real. (currently we each still live a t home)But I've been looking a little bit online. And I'm so confused
I'm trying to figure out what we can afford. And going on sites where you can plug in how much you can put for down payment and motgage rates and then it gives yiou an 'approximate' monthly payment. How close are those numbers to the real thing? Because looking at it, of course depending what town you're looking in, it seems like it may actually be less to make a mortgage payment than pay rent every month.
If that's really the case then I think it would be better to invest in a house than rent a place right?
Also, how much does it really cost to own a house per month? Once you figure in insurance, electric, etc etc?
I'm so confused and overwhelmed
Where do you plan to live?
