Quote:
Originally Posted by MrGoat
I would disagree. Get a mortgage you can afford and pay extra payments, I can see and advocate for. Getting a mortgage you can barely afford is not a great idea imo and I’m surprised a CPA told you that.
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It's actually worked out tremendously well. He told me that at 29 years old as my future earnings growth would be on the upswing. I highly doubt he would tell me that at 59 yo. As long as you get a fixed rate with the potential to refi to a lower rate down the road and live within your means, you'll be fine. Within 10 years, the house payment was less than my contemporaries were paying on a 2 bedroom apt. rental.