How do I afford a home in California?

Credit and mortgage advice Forums Home Insurance How do I afford a home in California?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 5 months ago.



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    Anonymous

    I am considering moving to San Diego. I have $ 140,000 to put down on a house. I am terrified that I will not be able to live. I can only pay around $ 2300 a month including taxes and insurance. I have a family with two young kids, so a small yard and schools are very important. Is there any way this can work out for me? I want this move to be a positive one for my family and I.

    Should I consider loan options like a 40 year or an interest only 10 year? I plan to be there for a while.



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