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gagralbo t1_jadlh0b wrote

Reply to comment by Unusual_World2421 in I can’t wrap my head around if I can actually afford to buy a home by [deleted]

I know :(

There is literally nothing in this area below $300k unfortunately.

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jgomez916 t1_jadzxbf wrote

My husband and I (28) just passed over making an offer last month on a 3x1 1200 sq feet house ($364K- remodeled home and one of the lowest priced in our county) with no garage because with a $75K down (which would have required a 401K withdrawal) the payment at 20% down at 6.5% interest would have been $2,300 per month and like $400 in utilities and ou condo I bought pre-marraige runs us $1,200 total. We could not justify $1,500 more a month for 1 more bedroom and a small grass backyard.

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$2K rent is alot but would possibly be a smaller monthly increase than buying in this market.

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