[quote=ocrenter]At $125k, you are averaging $10k per month. $500k house with 20% down at 4.5% mortgage rate you are looking at $2000 monthly mortgage. Add $700/month for property tax and MR/HOA, so that’ll be $2700/month. That’s less than 30% of income on housing.
And remember you do get 20% of that mortgage interest and property tax back on tax refund.
I would not lump del sur in with 4S/SEH, Del Sur MR and HOA is at least $300 more per month compared to 4S/SEH.[/quote]
Oh, you’re talking $125k after tax HHI. Then I totally agree with you. I thought you’re talking about before tax $125k HHI.
Yes, Del Sur MR+HOA is ~$300/month more. $300/month equate to about $60k in price when broken down to monthly payment. So, my $300-500k for Del Sur would be ~$360-560k.
