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After graduation the next real life milestone is home ownership.  Your childhood dreams of a home with all the grandiose fixings is finally in reach all thanks to hard work and a good job.  Many graduates however have to keep their dreams to a minimum because of the mortgage size loan payments due every month to pay off student debt.  Further, millions of Millennials and Gen Xers are even prevented from buying a home.  Here a humorous look at the expectations vs. reality when buying your first home with student loans.

1) Expectation: What you think you can afford.

Reality: What you actually can afford.

2) Expectation: How you feel with your real estate agent.

Reality: How you feel when you realize you cant afford one.

3) Expectation: How much money you think you have.

Reality: How much money you actually have. 

4) Expectation: How grand you think the home will be.

Reality: What it is actually like when you walk in the door.

5) If you ever get to this part.

Similar: Student Loans and Mortgage Approval: What to Consider When Buying a House If You Have Student Debt

 

 

   

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