Thanks to everyone for your input. Blissful Ignoramus, If I were to buy a house now I would expect to stay in it for 8-10 years. But as we all know, no one can predict your future circumstances. My job is about as stable as it gets. I am not dying to have a house so badly that I’m willing to compromise myself financially. That being said, I’ll probably ride it out and save the extra 4,000/month for a downpayment when I need it.
Thanks again