peaceflygirl asked:


My husband and I want to buy a house next year, but no way can we afford LA house pricing. We are trying to find a house that’s midway between the Inland Empire and Los Angeles, as I plan to attain a job in LA and my husband works in the IE.

We just want to find a midpoint that doesn’t have extreme house prices. Any suggestions?

Thanks in advance!

Kansieo.com

browneyedgirl asked:


If I have perfect credit, no loans anywhere, no credit card debt or car payments, and want to and can pay $2,200 a month on mortgage (regardess of my income), and can afford $65,000 down payment inclusive of closing costs, and assuming a tax rate on real estate of 8% where I live, and I want a 30 year mortgage, what is the house I can afford at an interest rate of about 6%? Please do the math for your points, don’t give me a link.

Caffeinated Content for WordPress

ROGER N asked:


no charge card, 350 car payment. 10% down payment

Caffeinated Content for WordPress

Bellegirl asked:


I live in orlando, Florida. I’m looking to purchase my first home. I make $45,000. I don’t have any debt just a car payment for $400 and car insurance. I can put $10,000. I’m a single with no kids and was wondering how much house i can afford and how much a bank would lend me.

Caffeinated Content for WordPress

Matthew R asked:


When I say “As much house as you can afford” I am not referring to ARM’s, or funky financing.

But here’s how I look at it. Let’s assume that you play it safe, and buy a house for $150,000. The house increases 3% a year. you have $200 left over every month to save.

The house increases 3% a year and in 10 years is worth about $195,000. net gain–$45,000 house gain, plus $200 saved every month over 10 years is a grand total of $69,000 growth.

Now let’s same the same couple in a funky universe decided to buy a $185,000. they didn’t save any money every month. The same rules applied and the house increased 3% a year. Since the house has more value, the gains are larger. For example, a 3% gain on $185,000 over 10 years is worth $247,000. A net gain of $62,000.

So the couple bought more a house for just a few more dollars per month over a 10 year period when looking at total gains.

Caffeinated Content for WordPress

a bear hugs asked:


What amount should I be expected to pay, and what would you suggest would be a good lender to use?
What is the total amount of the house would I be able to afford too
thanks swat because you hit the nail right on the wall.
that means if i add someone elses income then we can pay 800 per month in a mortgage and the house would be like 60000 dollars. thats even steven by my book

houses where i saw are going for reasonable
and half of that so it will work out well.

Website content