EvanDrMadness t1_iyamyc4 wrote on November 29, 2022 at 11:57 PM Reply to comment by RenaldoGarfunkel in Buying a house next year, what’s a reasonable budget for mortgage payment? by ProspectiveHomeBuye Why stop there? They should just save up until they can buy the house in cash. /s, saying "just save for 20% down and do a 15 year fixed loan" is not feasible for a vast majority of first-time homebuyers. Permalink Parent 1
EvanDrMadness t1_iyamyc4 wrote
Reply to comment by RenaldoGarfunkel in Buying a house next year, what’s a reasonable budget for mortgage payment? by ProspectiveHomeBuye
Why stop there? They should just save up until they can buy the house in cash.
/s, saying "just save for 20% down and do a 15 year fixed loan" is not feasible for a vast majority of first-time homebuyers.