Steph and I are debating the question of whether to buy or rent when we move to Barrie this summer... We've been told by the bank that we can 'afford' a pretty sizable mortgage (that can at least get us into a first-time buyer's home in Barrie). The question is still whether or not we can 'really afford' it. Steph and I are hesitant about buying - knowing that we have a sizable portion of debt from school to pay off as well.
This weekend we travelled to Barrie, and visited with Stevin and Katrina, and took a look at an apartment advertised at $800/month. We'd prefer to rent for a little while, but if this apartment was ANY indication of what's available to rent, then we'll be buying.
1 comment:
An $800 appartment is a $550 -$600 mortgage. Look for a fixer upper to create some sweat equity and help pay off those school loans!
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