[kaisdad]

A $216,000 mortgage is pretty low. If you can swing it, I'd buy the house. You could probably rent it or your current house easier than selling to help cover some of the costs. Prices will rise again and you'll be laughing all the way to the bank.

 

[kaisdad]

A 30 year mortgage at 5.25% would be just under $1200 per month, assuming zero down. I think that the quoted mortgage is assuming a 25% down payment.