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**Beragagnu** · 04-20-2007, 12:28 PM

Originally posted by Rufus T. Firefly

So let me get this straight: I could buy a so-so property in an ok-but-not-great neighborhood, and -- if I bought on the low end, and managed to put 20% down (right, 'cause I've got 100k just lying around), the monthly mortage -- just mortgage, no taxes, no utilities, nothing else --should only cost me, oh, half of my take-home pay.

Of course, if my downpayment were a more realistic 3-5%, then the mortgage would eat up 3/4 of my monthly take-home. And I'm much, much closer to the top of the civil service pay scale than not.

I honestly don't understand how federal workers live in the capitol, I really don't. The other alternative is to live in Maryland and commute via train from the Baltimore area. The MARC is fairly reliable....

04-20-2007, 12:28 PM	#29
Beragagnu Join Date Oct 2005 Posts 468 Senior Member	Originally posted by Rufus T. Firefly So let me get this straight: I could buy a so-so property in an ok-but-not-great neighborhood, and -- if I bought on the low end, and managed to put 20% down (right, 'cause I've got 100k just lying around), the monthly mortage -- just mortgage, no taxes, no utilities, nothing else --should only cost me, oh, half of my take-home pay. Of course, if my downpayment were a more realistic 3-5%, then the mortgage would eat up 3/4 of my monthly take-home. And I'm much, much closer to the top of the civil service pay scale than not. I honestly don't understand how federal workers live in the capitol, I really don't. The other alternative is to live in Maryland and commute via train from the Baltimore area. The MARC is fairly reliable....
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