Detailed text transcripts for TV channel - FOXNEWS - 20130130:12:29:00
Mortgage would total $3,200 as opposed to 1825 in rent. should we move forward with buying a house at $550,000? you following all that? >> absolutely. $3,200 house payment, 135,000 is about $9,000 a month take home pay after taxes. so she's at about a third of her take home pay. that's in the safe range. i'd rather you be a little bit lower, but that's in the safe range of the it is going to shock your system 'cause you're almost doubling your housing cost from 1800 to 3200, but that's very doable. make sure if you're doing that that it's on a 15-year fixed rate. if that number is not from a 1...
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