Practice Makes Perfect
Let’s say your rent is $2000/mo and you’re considering a $2500/mo mortgage payment.
Before shopping for houses, spend 3-4 months practicing that payment.
When you go to pay your rent, immediately put $500 in a separate account. It’s gone with your rent.
How does the rest of your month feel?
Are you still living your best life or do things feel tight?
Adjust accordingly.
Bonus: now you have more $$$ saved for a down payment, closing costs or any other costs associated with buying your next home.