First time condo buyer
I'm looking for some advice / cold hard truth as to what my budget is if I'm looking to buy a condo.
My wife and I have a total of about $70,000 saved up.
My parents are willing to help out with about $100,000.
I have a job that pays about $2500 a month and my wife is currently jobless.
Our monthly expenses currently:
Phone plans - 80$ total
Food per month - 400$
Transportation - 60$
Taking into considering condo fees, taxes and monthly mortgage payments, what type of condo (price wise) should I be looking into so I'm not looking for something way over my price tag.
Thank you for taking the time to post, it is greatly appreciated!