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Is this affordable for my income? First time home buyer seeking advice. Thank you

Looking for honest answers: First time home buyer purchasing a new build in California scheduled to close in August.

- Loan Estimate: https://imgur.com/a/zJE784x (~3,652$/month if picture cannot be accessed)

------ +88$/month HOA

- Gross income: 150k

- Put 5% down, and 3k earnest money deposit.

- Credit score 800+

- 340$/month debt (gone after 30 months)

​

Am I being optimistic thinking I can afford this? I greatly appreciate any input that is given, and I thank you for the time.

submitted by /u/KhounthiK
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/v05fkn/is_this_affordable_for_my_income_first_time_home/
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