[sketchyt]

Originally Posted by Sliver

Nah, good luck with that. $20/hour is going to net you $31.5k after tax. Double that for two people in the house and you have a net pay of $63k. That leaves $5250/month. After utilities, insurance, phones, Internet, property tax, etc. you're at a monthly nut of about $4200. That leaves about $1000 for food, vehicle costs (payments, insurance, registration, maintenance), potential student loans, clothes, entertainment, etc. and we haven't even touched on ongoing household maintenance costs or life emergencies.

Basically, you would be completely out of your mind to spend $510k on a house if you and your partner are making $20/hour. I can't even imagine.

I read that comment in the category of: technically do-able but not a great idea.