If I have $600k saved and I'm debating about buying a house for 1.2 million, would it...? - Quora

Answer: I agree with the gist of Charles's advice but his numbers are slightly.​.​.​ Top Stories from Your Feed Your Quora Digest If I have $600k saved and I'm debating about buying a house for 1.2 million, would it be a smart decision if I make 200K/yr? Andy Rachleff, Executive Chairman, Wealthfront 181 votes I agree with the gist of Charles's advice but his numbers are slightly off. The typical rule of thumb for how much home can you afford is that your mortgage payment should... Read More » What should I choose between IITD EE or IIT KGP CSE? Yash Bajaj, If my left and right brain were my hands,I'd be ambidextrous 115 votes Many conditions are applicable here - Have interest in programming ? Kgp CS Want a cool city life ? Delhi Package crazy ? Kgp CS...  Read More » Why don't billionaires just stop making money, and instead start spending it, such as by traveling around the world? Andrew Lynch, Publishing Manager at Book In A Box 2k votes Your question is based on a false premise. Elon Musk doesn’t sit down at his desk every day and think, “Have I made enough money to quit and travel the world yet?” ... Read More » Which IIT has the best undergraduate program in CS? Nikhil Garg, Engineering manager at Quora 78 votes All old IITs are pretty good and you won't be making a big mistake by joining any of them. Having said that, and while realizing that such comparions are often pretty subj... Read More » What are some examples of intelligence disguised as stupidity? Karen Tiede, old lady in training who lives in a rural area with six dogs. 359 votes There's the classic anti-racist story about a kid who hangs around a barbershop. Barber offers him the choice between ONE dollar bill, or TWO quarters. Kid takes the quar... Read More » What would happen if Pakistan nuked India? Balaji Viswanathan, Teacher and a Product Manager. 5.7k votes For decades India has been working on what is called the Second strike capability - the ability to respond to a nuclear attack. The reason India has been working so hard on... Read More » Why do IIT students get good placements? Mayank Jain, Mentor for IIT aspirants, Expert on learning techniques, How to learn 304 votes It all depend on you and how you manage it. I got internship in a foreign university by barging about a soft skill which I heard first time. All I did before leaving the co...  Read More » Google Recruiting, Retention, and People: Will I be blacklisted if I rejected a software engineering offer from Google? Jeff Nelson, Invented Chromebook. Former Googler. 145 votes The recruiter gave you an hour, because you mentioned you were interviewing with other companies. They wanted to force you to accept their offer before seeing another offe... Read More » What does it feel like to be a student with depression at an IIT? Eshan Bhargava, Trying to make a difference. 142 votes It feels like living hell. And the only thing that comes to your mind is to end it all. No, not just by suicide but also by taking a different path all over. I have heard a... Read More » What are some bizarre facts about India that seem total lies but are actually true? Kiara Kapoor 2.7k votes 1. Indian housewives hold 11% of the World’s gold. That is more than the reserves of USA, IMF, Switzerland and Germany put together. 2. An Indian airline only hires women ... Read More »   Read More in Your Feed This email was sent by Quora (650 Castro Street #450, Mountain View, CA 94041). Quora is the best answer to any question. Unsubscribe from this email.