p*******3
发帖数: 88 | 1 I have done the calculation and estimated cost of living. But, I worry if
this is too much loan, so I want to get some feedback.
Here is the situation:
1) house price: $755,000
2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
bit scary for us to put down that much cash. Doable, not ideal.
3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
4) Single income, support wife and 2 kids (one will be in kindergarten, one
will be in preschool.)
5) no car loans or anything else.
Will I be too stretched? -- we're fairly frugal, but we do eat out 2-3 times
a week, and go back to china once a year. | q****x
发帖数: 7404 | 2 要看资产，而不是收入。
比如交完30% dp后还剩多少资金应急？401k/Roth里有钱吗？国内京沪穗有房吗？
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| s**********n
发帖数: 2343 | 3 no problem
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| p*******3
发帖数: 88 | 4 No house in china. Will still have about $150K in 401K, and $250K in saving.
Age is in late 30's.
【在 q****x 的大作中提到】
: 要看资产，而不是收入。
: 比如交完30% dp后还剩多少资金应急？401k/Roth里有钱吗？国内京沪穗有房吗？
:
: one
| J**9
发帖数: 835 | 5 A bit stretched. But no big deal.
There are cases much more stretched than yours.
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| q****x
发帖数: 7404 | 6 现金真多。应该没问题。
saving.
【在 p*******3 的大作中提到】
: No house in china. Will still have about $150K in 401K, and $250K in saving.
: Age is in late 30's.
| f**e
发帖数: 890 | 7 A piece of cake. Besides, house is also considered as an investment in Bay
Area. Its vaule at least keeps if not appreciates in the long run. In many
relatively cheap states, many people are way more conversative on the amount
of money they want to put on the house. The reason is buying a house is
more like buying a car, it will only depreciate, the more you invest, the
more you lose.
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| i*********e
发帖数: 90 | 8 with that much cash, I think its easy for you. good luck.
saving.
【在 p*******3 的大作中提到】
: No house in china. Will still have about $150K in 401K, and $250K in saving.
: Age is in late 30's.
| b********2
发帖数: 5191 | 9 It's doable, but given the fact that you are single income, I think it is a
little stretchy | j********z
发帖数: 44 | 10 After you put down 30% downpay, your mortgage will be less than $550K, and
you have $250k cash and a income of $200k/year, what are you worrying about? | | | h*******l
发帖数: 1542 | 11 if you lose your job, your family will sleep in parks.
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| J**9
发帖数: 835 | 12 Nah......
In that case, just sell the house and move to rental. :-)
【在 h*******l 的大作中提到】
: if you lose your job, your family will sleep in parks.
:
: one
| s**********v
发帖数: 1379 | 13 膜拜一下，如此多的现金。。。
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| s****l
发帖数: 327 | 14 No problem in Seattle, a little tight in Bay Area
one
【在 p*******3 的大作中提到】
: I have done the calculation and estimated cost of living. But, I worry if
: this is too much loan, so I want to get some feedback.
: Here is the situation:
: 1) house price: $755,000
: 2) Down-payment: 20% or 30% down -- I can put down 30%, but it is a little
: bit scary for us to put down that much cash. Doable, not ideal.
: 3) current salary: $160K/year, plus 20% bonus, and $10-$20K RSU.
: 4) Single income, support wife and 2 kids (one will be in kindergarten, one
: will be in preschool.)
: 5) no car loans or anything else.
| s**********n
发帖数: 2343 | 15 not stretch at all.
【在 p*******3 的大作中提到】
: No house in china. Will still have about $150K in 401K, and $250K in saving.
: Age is in late 30's.
|
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