harper_foster•19d agoMost Upvoted

My pre-approval letter had a number way bigger than I expected

The bank said I could borrow up to $375,000, which honestly shocked me. I'd been looking at tiny condos under $250k, thinking that was my hard limit. Seeing that figure on paper made me realize I could actually afford a small house with a yard in my area. Has anyone else had their budget totally shift after getting their official numbers?

3 comments

3 Comments

uma_ellis19d ago

Just don't let that number trick you into overspending.

alex_wilson7919d ago

My last credit card bill was a real wake up call.

jenny_hall17d ago

Honestly that number has tricked me more times than I can count. Tbh my credit card statement sometimes looks like a receipt for a party I don't even remember having. Ngl I'm on a first name basis with the "payment due" alert at this point. It's a real skill to spend money you don't have on stuff you don't need.