Quote Originally Posted by ironchef
Based on $1,200 a month at 30 years and about 5.5%, you're looking at the $200,000- $220,000 range or so. Which you might have a tough time with in Alpharetta. You could certainly find one, but the neighborhood itself might be kind of crummy and old.
Not true...He could buy a new, rather nice townhome in that price range....