How much did you spend on your house?

posted 2 months ago in Finances
  • poll: Which one are you?
    We spent less than what the calculator says we could afford : (81 votes)
    80 %
    We spent about what the calculator says we could afford : (13 votes)
    13 %
    We spent more than the calculator says we can afford : (4 votes)
    4 %
    Other (explain) : (3 votes)
    3 %
  • Post # 61
    Member
    360 posts
    Helper bee

    I purchased my two-bedroom, 850sq foot, downtown condo for $192k. I was approved for around $270k and I’m so happy I didn’t max that out. Prior to purchasing my rent was $850 (with two roommates), my monthly outgoings now (mortgage, property tax, utilities, condo fees) are $1,785. It’s been a huge adjustment. If I had maxed out what I was allowed to borrow I would be eating ramen noodles every day and not having a social life (and I would have kept renting rather than do that). 

    Leave a comment


    Find Amazing Vendors