purchase power? $130,000 income, $130,000 downpay

Property tax is 1.25%. Two adults, no kids, and won't have kids forever.

Interested in a $670,000 house. Broker calculated roughly, and don't quite encourage to buy. He used 6.5% as the interest. People in this forum is talking about 6%. Why?

Any comments are welcome.

所有跟帖: 

fire your current broker, hire new one to get 5.875% -Iamfarmer- 给 Iamfarmer 发送悄悄话 Iamfarmer 的博客首页 (0 bytes) () 04/23/2007 postreply 22:59:04

forget about your broker. -目饵- 给 目饵 发送悄悄话 (188 bytes) () 04/24/2007 postreply 05:06:14

Total monthly cost is less than $4000. You need a secure job. -iamfarmer- 给 iamfarmer 发送悄悄话 iamfarmer 的博客首页 (635 bytes) () 04/24/2007 postreply 07:30:12

iamfarmer,how much tax return can get based on your calculation? -湾区新妈妈- 给 湾区新妈妈 发送悄悄话 (212 bytes) () 04/24/2007 postreply 10:32:28

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