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Old 04-18-2015, 12:06 AM
 
Location: Houston
960 posts, read 2,750,239 times
Reputation: 876

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Quote:
Originally Posted by edgar1214 View Post
do you really think i can afford a 250k homes with my salary ? i really doubt it unless its possible
No. I don't want you to go over 36% of your monthly budget on housing or it will cause financial difficulty.

On that pay scale, you shouldn't be buying a house costing more than $105K because with home insurance, taxes, and probably PMI will be about $850 a month in mortgage payments. You can still find a 2/2 house or condo for less than that. But if you buy a condo, be sure to ask how much is their HOA fee to maintain the landscape, community pool, and exterior maintenance which can add up a lot. On the other hand, if you buy a house, you'll need to buy a lawnmower, water house, paint, mulch, etc. As you sound like a fine young couple, you'll want to start right by not getting any bad credit scores. Good credit will lead the way to buy a house at a lower interest rate and you'll want to save some money for a down payment.

But let's go back to apartments. I see some 2 bdrm apartments past Beltway 8 for about $750 - $800. This is not far from Westchase.
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Old 04-18-2015, 12:08 PM
 
31 posts, read 31,657 times
Reputation: 28
past belway 8 like to the eastof beltway or west?
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Old 04-18-2015, 02:26 PM
 
Location: Houston
960 posts, read 2,750,239 times
Reputation: 876
West but you can try east of Beltway.
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Old 04-18-2015, 03:21 PM
 
31 posts, read 31,657 times
Reputation: 28
what about westchase grand are those any good?
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