need your opinion

Found a house, all our families like it. my question is: family income (pre-tax) is $110K, house price is $460K, is it affordable? P.S. 4 memebers in our family, hu*****and and wife, two kids, one is in daycare, the other is in elementary school.

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How much is your down payment? -CaLoanAgent- 给 CaLoanAgent 发送悄悄话 CaLoanAgent 的博客首页 (0 bytes) () 07/01/2008 postreply 06:32:26

回复:How much is your down payment? -OrlandoMM- 给 OrlandoMM 发送悄悄话 (11 bytes) () 07/01/2008 postreply 06:42:32

It will be very tough -Wisdom101- 给 Wisdom101 发送悄悄话 (797 bytes) () 07/01/2008 postreply 06:56:58

if it is 10% down payment -Wisdom101- 给 Wisdom101 发送悄悄话 (224 bytes) () 07/01/2008 postreply 07:01:38

Sorry, -Wisdom101- 给 Wisdom101 发送悄悄话 (191 bytes) () 07/01/2008 postreply 07:13:24

You should be able to get the loan if you pay 20% and -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (17 bytes) () 07/01/2008 postreply 07:45:17

Thank you for the reply, it looks like it is not affordable. -OrlandoMM- 给 OrlandoMM 发送悄悄话 (0 bytes) () 07/01/2008 postreply 08:17:30

回复:Thank you for the reply, it looks like it is not affordable. -Wisdom101- 给 Wisdom101 发送悄悄话 (144 bytes) () 07/01/2008 postreply 08:21:19

Agree, places like Orlando will drop more for sure. -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 07/01/2008 postreply 08:29:56

IMHO, NO, you are stretching it, -jy101- 给 jy101 发送悄悄话 (0 bytes) () 07/01/2008 postreply 08:20:30

It's affordable. -iask- 给 iask 发送悄悄话 (578 bytes) () 07/01/2008 postreply 12:52:59

我们也住佛州奥兰多。 -lex2004- 给 lex2004 发送悄悄话 (231 bytes) () 07/02/2008 postreply 13:05:23

不过我们贷款是15年的,30年可以就会好很多 -Lex2004- 给 Lex2004 发送悄悄话 (0 bytes) () 07/02/2008 postreply 13:11:49

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