Quote:
Originally Posted by Simpler=Better
Thanks for the input. Rent/utilities around here are ~1500 for a 2 bedroom, and I'm not even allowed to keep my rusty project car in the parking lot! :p
Not a lot to drop from the budget. Moving out of my area would reduce my car insurance though-when I moved from the rural area north of Baltimore to the Baltimore area it went up $400/yr, which is insane.
I can pull my retirement with minor repercussions-basically it would be as if I just started working here.
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At $120k for a house (didn't you mention that number), that's $500/mo for mortgage assuming 20% down, $100/mo for insurance, $300/mo(?) for taxes, $200/mo avg for utilities. $1100/mo - $500/mo under the table if you rent out one of the bedrooms. If you can reduce your housing expense in a decent area of an East Coast city to $600/mo, you'd make out like gangbusters.