Post anonymously if you'd like. I am wondering what your income is or was at the time you bought your house and the cost of your house and property taxes.
We need to buy a house but our one income is only $36,XXX a year and we're looking at buying something that is $150K with a $180 car payment and no other debt.
Any advice is appreciated.
ETA: I cannot afford to buy a house that is only 25% of my income. I can't even rent a room out of someones house for that price let alone rent. We pay $900 a month for our apartment and I think we can make payments of $1,100 a month without drowning. The house I am looking at has big garages that we could rent out too to supplement our income. If I owned my own home like that I could also get the certifications and start a home daycare which would also supplement our income while keeping me home with the kids.