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Old 02-07-2012, 09:35 AM
 
22,768 posts, read 30,756,787 times
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Quote:
Originally Posted by Volpe Mar View Post
Seriously... are these online calculators realistic? I hope so...

They tend to tell you how much you can borrow, not how much you can "really afford."
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Old 02-07-2012, 12:09 PM
 
Location: Cleveland bound with MPLS in the rear-view
5,509 posts, read 11,888,987 times
Reputation: 2501
I want these tax rates! Here in Shaker Hts, OH, a $100K home apparently has $5K-$7K ANNUAL taxes that come with it, which drastically cuts into what I can afford for a home!! I'd take $400 annually all week!!!
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Old 02-09-2012, 11:41 PM
 
437 posts, read 793,161 times
Reputation: 306
Your 15 year mortgage should be about what one week take home is. Worked well for me over the last 50 years.
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