Quote:
Originally Posted by Sylvanfan
Tough call. Try and consider a lot of different scenarios best and worst case and make a choice you can live with if either scenario plays out.
|
Agreed. I bought a house that was about 65% of my maximum affordability and did a "Worst Case Renewal" scenario of 7%.
Knowing that I'd still be alright is the only way I could justify buying the place....I'm generally not a financial risk taker, quite a coward in fact.