[quote=blake]The monthly payment is okay, but coming up with 80K down payment for entry level engineers might be a bit tough.[/quote]
Might be tough for entry level engineers, but not that tough for engineers with 5-7 years experience. If you graduate at 22, 5-7 years experience mean you’re around 27-29. That’s still quite young. I don’t think anyone is saying it’s easy for a 22-25 year old to be able to save 80k. If you have a pair of engineers, saving $2k/month combined, that’s $24k/year. So, after 4 years, you’ll have more than $80k to down. Is it that tough to save $2k/month for dual income couple?
