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afford a house?


tables

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after tax and after 401k take home pay is 8K per month. Can I afford a house that has monthly payments of 5K (including taxes and insurance) ?

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56 minutes ago, tables said:

after tax and after 401k take home pay is 8K per month. Can I afford a house that has monthly payments of 5K (including taxes and insurance) ?

3000 for Car, Car insurance, utilities, groceries, restaurants,... ante sahasam ani cheppali.

 

Remember other items like HOA and Maintenance (Lawn Care, Pest Control, Tree and Shrub maintenance, Pest Control, Termite etc.).

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1 hour ago, tables said:

after tax and after 401k take home pay is 8K per month. Can I afford a house that has monthly payments of 5K (including taxes and insurance) ?

you may struggle in the first year, but after that your salary might increase or interest rates would come down..etc

have backup funds handy for first year such as some cash in hand or stocks or 401k..etc

finally its upto you, do you wanna take risk or not, but struggle will be there for first year

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34 minutes ago, socrates said:

you may struggle in the first year, but after that your salary might increase or interest rates would come down..etc

have backup funds handy for first year such as some cash in hand or stocks or 401k..etc

finally its upto you, do you wanna take risk or not, but struggle will be there for first year

Aa taruvatha struggle alavatu ayipothundi antava bro 🤣

  • Haha 1
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1 hour ago, tables said:

after tax and after 401k take home pay is 8K per month. Can I afford a house that has monthly payments of 5K (including taxes and insurance) ?

buy it... look for faang job later

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2 hours ago, tables said:

after tax and after 401k take home pay is 8K per month. Can I afford a house that has monthly payments of 5K (including taxes and insurance) ?

120k salary ki house konnadam anukuntava uncle. h1b mida unte mrodda kudutavu antunadu @Sonu_Patel

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