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Can we afford a $1.5 million home with $300k down payment? With VA Loan first time loan? Phx, AZ

My wife and I bring home 12.5k a month total. We pay no taxes as it's VA money. Because I'm disabled, I pay no closing cost nor insurance per the VA Loan. New law has no cap on down payment for first time users.

What am I looking at?

The home is not built yet, and that's the starting price .. around 1.4m for this particular home.

We have 300k for down payment and our credits are above 700 with absolutely no debt.

Any help would be much appreciated.

submitted by /u/Soft-Spot
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source https://www.reddit.com/r/RealEstate/comments/evhnsw/can_we_afford_a_15_million_home_with_300k_down/
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