Thanks for in Advice. We saw One today with Washer/Dryer etc. Area around it was nice as well. Surrounded my Single Family homes.Pretty Nice area, Surround by open space behind it along with a Golf Course along with a Dog Park. They were also offering 1 Month Free. Most around here do not include anything other then trash pick-up.

I have a Budget for rent in mind and also idea of what Utilites Could cost. I forgot to ask how much other's were paying.. I'm sure he will be calling in the next week so we can ask then.

We are looking at a few more next weekend. Biggest Problem we are having is Cost to distance. Meaning Everything Rent wise we can afford it a 30-45min drive to work. With Fuel Costs Higher now and maintance on Car's etc.

Now we did find larger units 1000+ Sqft with 2/1 with 1 Garage which is about 35-60mins from both our Jobs. Obvisouly these are further West from the City (Chicago) which i would assume would mean less in utilties. We are looking mainly at 1/1's mainly to keep the cost Down 700sqft Range. Most places around here that are 2/1's are upwards of 980's+.

I hate Chicagoland.. Rip off area!!

Question Is would we save anymore money or just break even.

 

It truly depends upon what 'peace of mind' is worth to you.

Your HHR warranty won't expire for awhile so maintenence shouldn't be an issue.

 

Its not the Maintance im worried about its the Fuel. We just bought her a Newer used Car 05 Galant with 49k on it, we have a Extended Warranty for 4yr's or 100k Bumper to Bumper. Its truly Fuel Price's.

 

Under no circomstances ever take an ajustable rate loan. They are very tempting as the rates are lower than a fixed rate but all good things come to an end and it will go up, way up past the fixed rate. With a fixed rate it can never go up. Another great option if it will work for you is if you can get a payment of every other week instead of once a month as it will be paid off a lot sooner saving you many, many thousands in interest. Another even better option is if you can afford a 15 year instead of a 30 year loan. Again huge, huge savings but a lot higher monthly payment. Check out all your options and don't let the realtor steer you his way as he/she may be getting a kickback at your expense. On the house only thing I can tell you is get what fits in your budget without taking all your money. Remember things happen and you need money for repairs. Which brings up my last thought. If you like the house and make an offer make it on the condition that you can have it checked out by a person who does this type of thing and then you know if everything is what the seller has reported. Then you can adjust your price you are willing to pay by his report.

 

Rereading your post you say you want appartment help which leads me to believe you are looking for a bigger appartment and in the next breath you are looking to be free of the rents. If you are free of the rents than you aren't looking at appartments. I'm puzzled.

 

I believe the rents he is referring to is the Pa'rents.

 

Yes, Sorry I meant Rent.. meaning im still living with the Parents.

No House Yet!! But Still good advice..I know not to take anything other then a Fixed Rate to many people are losing there Homes because of a Adjustable Rate.

Why people want a 300k house when they can only afford a 180k is beyond me. like 4-5 People need a 4500 sqft house.

Back on Topic..

 

We were able to figure out close to what her loans will be.. Lets just say we will be living in a cardboard box! What she went to school for and what she should be making and what she is actually is, is to total different things. 70K in student loans and she's making a hole 10.50 an hr. Christ U can make that in Highschool.

Have know idea how we are going to do it. I make $15.00 an hour she makes a hole $10.50. 2 Car payments, Normal Bills, Wedding to pay for and her Friggin Student loans. I have know idea how the hell people do it.

Just needing to vent.

 

stay with the parents,
bank the money you are going to pay rent for a downpayment on a house.

remember they are offering you 1 month free, but why?

since the collapse of the real estate market, the mortgage companies are getting strict, so that leads to more people only being able to rent, not buy.

So they should have a waiting list if its that good, not offering free rent.

 

I partially agree with stephenm. Staying with the parents is probably a food idea for right now. Use the saved money to pay down some of that debt. Pay off one or both of the cars. Or sell one of them and get an older "paid off car" You and the GF should look for either higher paying work or 2nd jobs as well until you can get on better financial footing. It all depends on where your priorities are.
As you are finding out, life is expensive.