TheBlackHock t1_jecqygc wrote on March 31, 2023 at 1:37 AM

I think you might be underestimating some spending in there. It’s great that you’ve listed out the basics AND some wiggle room, but that consumer debt (credit cards and such) is a bit revealing.

You can likely afford the house just fine, but you should do some “soul searching” in regards to finances to ensure things are as they seem.

Xyer1637 t1_jecs5cf wrote on March 31, 2023 at 1:46 AM

I believe it is just formatted weird honestly

TheBlackHock t1_jecsmdr wrote on March 31, 2023 at 1:50 AM

Is a bit weird. Still not unattainable. Seems to be a $300k ish mortgage with a gross income of $108kish + child support. It’s doable. Prioritization will need to happen, though.

Xyer1637 t1_jects27 wrote on March 31, 2023 at 1:59 AM

For sure. 1k on food is a lot. And then imo when you are in cc debt you have no wants till that is paid off

TheBlackHock t1_jecyzf6 wrote on March 31, 2023 at 2:40 AM

Very fair point. Fully agree, personally. Some people just aren’t as hyper about it, so I try to temper my commentary.

Adventurous-Coach-11 t1_jecss2r wrote on March 31, 2023 at 1:51 AM

Me and my husband have separate finances, I’m the breadwinner and I luckily don’t have much debt. I’m not sure what all his bills are honestly so I am estimating totals. I know my share of bills are around $4,100 a month. I pay most of the mortgage, I don’t have a car payment and my only debt is $600 and as I’m writing this I just remembered I also have 2k debt in a consolidation loan but payment is at $89 monthly. We are in AL so low cost living. He gets paid $3200 gross and now $4000 gross and tells me he “struggles”. I make $4000 from a steady salaried job and $800-$1000 monthly as a contracted teacher. He works less hours and is essentially a “stay at home dad”. Maybe I’m just stressed because while we split rent now, I will be taking on more bills, which I don’t mind, but I feel somewhat of imposter syndrome and scared of that mortgage.

Maleficent_Citron914 t1_jecu5jt wrote on March 31, 2023 at 2:01 AM

My first suggestion which is advice you are not even asking for but I personally think you need is to get on the same page as your husband. How can you buy a house and not know what his bills amount to each month. In the very least you need to create a joint account for bills and probably have a rough budget especially with having credit card debt. I think you can manage buying the house but should really have a discussion with your husband on your finances and have a plan moving forward.

Adventurous-Coach-11 t1_jecus5n wrote on March 31, 2023 at 2:06 AM

We have a budget lined up, it just seems too good to be true. His expenses are listed; I just don’t know them off the top of my head.

We definitely need a joint account for bills. It’s ridiculous how we are doing it now, I basically Venmo him my part of the bills. Young & dumb. We will learn, hence why I came to the sub. I appreciate your feedback.