We actually have checked it out. the challenge is we need to keep the amount borrowed under $417k since once you go above it is considered a jumbo. Going over requires 10% down to avoid having to go with an FHA loan. the PMI would kill us with an FHA. we would be able to 5% for anything under $417 borrowed. basically it would put us right at the top of our price range depending on taxes and if there is an HOA for the property. I am estimating about 3k/mo. for the overall cost.
