Can I Afford a House or a Condo?
I’m looking to see if I can afford a house or condo. I’m single and I make $ 50,000 a year. I have $ 150,000 in the bank to go for a down payment. Taxes are around $ 5,000-6,000 and homeowners insurance is about $ 500. Could I afford a house or condo? Houses and condos here are generally 250k-300k so that would be the price range. Do you think I could afford that? I don’t have any credit card bills, no car payments, and no student loans.