Meeting the Mortgage Guy

This afternoon, Matt and I met with a mortgage broker downtown. We established what costs go into purchasing a place, as well as closing costs, taxes, and H.O.A. fees. We can afford it, but the idea of buying seems awfully frightening.

Here's what we're thinking: right now, our rent is $612.50. We pay about $50 in electricity, and not much else. If we bought this condo, the mortgage would be $410 a month, the taxes would be $53, and the H.O.A. fees would be $145. Reasonable, right? However, it is only a one bedroom, one bathroom--and how guaranteed is it to either sell/rent once we're gone? Then again, we really don't know how long we will be living here (Matt is deliberating on his choice of Ph.D) program, and...I'm scared.

Twilight Night the movie event is happening at our apartment tomorrow!