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Big first home purchase pending. Major jitters. Help!? 🙏

Wife and I found a house we LOVE in a good area of Los Angeles. Just freaking out a bit about the huge numbers we're staring at, especially as neither of us have owned before.

3 bed, 3 bath (inc. ADU) 1,850 sq ft. $755K. (FWIW, this is almost MEDIAN home price in LA). Current APR is 3.75% (up front 3.5 when we first found the home 😤). Not our FIRST choice neighborhood, but safe & trending upwards in prominence.

Our combined yearly salaries are ~$215K (pre-tax). We have $85K down payment + closing costs, w/ alsonat least 6 months emergency fund remaining.

ADU is a licensed single bedroom with separate entrance (+ separate mailing address) and has its own bathroom, kitchenette). Rentals airbnb ~$50/night or ~$800/month.

We are confident we'll continue to earn more money each year and rent out the ADU when possible but we are also worried about being house poor!!!!

2 days until end of inspection contingency

Any advice is much appreciated. There are many smarter minds than mine on here 🙃

submitted by /u/jmasonc
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source https://www.reddit.com/r/RealEstate/comments/dpki29/big_first_home_purchase_pending_major_jitters_help/
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