u/DenseAlternative4526

Hello everyone, I've read across here, and on other pages, but everyone's situation is different. I want to know whether a $250k house is doable on my salary, or if $200k is more doable. I will start a new job with a salary of $75,000 soon, and I want to move my family out of the hood. I'm in central Florida. My plan is to work my new job, save more money, and move out around the end of this year or sooner. I would handle the mortgage, and my parents would cover all utilities. This would allow me to invest heavily and save money. The house will be under my name and only my income.

No debt

Almost 20 years old

780 Credit Score

$20k-40k down

Monthly expenses are about $600/month, but I make $2k right now

Frugal

reddit.com
u/DenseAlternative4526 — 15 days ago