Husband wants to buy at the top of our budget, I don’t, but can’t find anything cheaper that we like. Please talk sense into us.

So me and my husband live in South Florida and are in the unfortunate position where our landlord wants us out of the place we’re renting by the end of the year so he can sell it. Before you ask, no we don’t want to buy it. Not keen on the location too much or the house.

Me and my husband are disagreeing on what kind of house we should be going for.

He wants to buy at almost the top of our budget because technically we can afford the monthly payments AND still save, but not save as much as we’d be able to in a cheaper house. I understand his logic that he wants to buy his “dream home” because house shopping has been a very stressful nightmare for us, it’s not fun, we don’t want to do it again in a couple years. So he wants to buy a house were going to love NOW and live in for a while, even if that means being a little tight financially.

I’m on the other end where I want to buy a home that’s cheaper where we have a lot of wiggle room every month. The problem is that I keep saying that, but I haven’t been able to find a house that’s too our liking that’s cheaper. The more expensive homes check all of our boxes, the cheaper ones don’t really. So we’re stuck settling, and I don’t want to do that either. But the stress of being a little financially tight makes me anxious. At the moment our rent is so cheap that I’m able to save my entire paycheck.. almost 2k a month… and my husband around $500 a month, and my husband can afford every bill on his 1 paycheck. With a new house at the top of our budget we can save at most $700 a month. That’s not even accounting for how much higher insurance and shit will be next year.

After down payment and closing costs we’ll have around 25-30k in the bank but that is “emergency money”.

Please just help me think of what to do. This market is absolutely terrible. A couple years ago we would’ve easily been able to afford our “dream home” but we didn’t even know it.

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So me and my husband live in South Florida and are in the unfortunate position where our landlord wants us out of the place we’re renting by the end of the year so he can sell it. Before you ask, no we don’t want to buy it. Not keen on the location too much or the house. Me and my husband are disagreeing on what kind of house we should be going for. He wants to buy at almost the top of our budget because technically we can afford the monthly payments AND still save, but not save as much as we’d be able to in a cheaper house. I understand his logic that he wants to buy his “dream home” because house shopping has been a very stressful nightmare for us, it’s not fun, we don’t want to do it again in a couple years. So he wants to buy a house were going to love NOW and live in for a while, even if that means being a little tight financially. I’m on the other end where I want to buy a home that’s cheaper where we have a lot of wiggle room every month. The problem is that I keep saying that, but I haven’t been able to find a house that’s too our liking that’s cheaper. The more expensive homes check all of our boxes, the cheaper ones don’t really. So we’re stuck settling, and I don’t want to do that either. But the stress of being a little financially tight makes me anxious. At the moment our rent is so cheap that I’m able to save my entire paycheck.. almost 2k a month… and my husband around $500 a month, and my husband can afford every bill on his 1 paycheck. With a new house at the top of our budget we can save at most $700 a month. That’s not even accounting for how much higher insurance and shit will be next year. After down payment and closing costs we’ll have around 25-30k in the bank but that is “emergency money”. Please just help me think of what to do. This market is absolutely terrible. A couple years ago we would’ve easily been able to afford our “dream home” but we didn’t even know it. submitted by /u/External_Emu_16 [link] [comments]

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