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Can I afford this?

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  • Can I afford this?

    Not sure if this will be enough info to provide guidance but worth a try. We are a two physician household with about $700k combined gross income. We are 3 years out of training and have about $50k of student loan debt after paying down aggressively since training. We are starting to outgrow our house but love the neighborhood. There is a house we love a block away listed at $1.325. Can we afford this? Thanks!

  • #2
    Yes. Keep that income going.

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    • #3




      Not sure if this will be enough info to provide guidance but worth a try. We are a two physician household with about $700k combined gross income. We are 3 years out of training and have about $50k of student loan debt after paying down aggressively since training. We are starting to outgrow our house but love the neighborhood. There is a house we love a block away listed at $1.325. Can we afford this? Thanks!
      Click to expand...


      Not enough info.
      Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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      • #4
        If you have to ask, then there are probably a lot of other questions needing to be answered...but a general rule is no more than twice your income for a mortgage, and no more than 20-25% of your monthly net income on the payment.

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