Rough math after maxing 2 401ks paying 1000 a month for insurance and taxes (calculated at 40% effective tax rate which is probably a little high and adding back 7k for child tax credit) they should be making around 10k take home a month. Even with only 5% down they should be able to get into a 7-800k house and still have 3-4k a month for other expenses. I found 25 results under 700k in the greater Portland area some as low as 479k (actually in Portland) for 2.5k sf min 4+ bedrooms 2 bath min 1/4 acre lot.
I’m in Canada. The outskirts of Miami are exactly the same price as Swift Current, Saskatchewan. 300 grand American or 400 Canadian. Exact same, except the canadian housing market is so fucked that a place in the literal center of buttfuck nowhere everyone is depressed suicide rate 27x national average…is Miami priced.
Rough math after maxing 2 401ks paying 1000 a month for insurance and taxes (calculated at 40% effective tax rate which is probably a little high and adding back 7k for child tax credit) they should be making around 10k take home a month. Even with only 5% down they should be able to get into a 7-800k house and still have 3-4k a month for other expenses. I found 25 results under 700k in the greater Portland area some as low as 479k (actually in Portland) for 2.5k sf min 4+ bedrooms 2 bath min 1/4 acre lot.
I’m in Canada. The outskirts of Miami are exactly the same price as Swift Current, Saskatchewan. 300 grand American or 400 Canadian. Exact same, except the canadian housing market is so fucked that a place in the literal center of buttfuck nowhere everyone is depressed suicide rate 27x national average…is Miami priced.