# My SONYMA loan story..

**URL:** <https://forums.speedlife.net/t/my-sonyma-loan-story/45264>\
**Category:** NYSpeed Off Topic\
**Created:** [March 19, 2008, 8:11am UTC](https://forums.speedlife.net/t/my-sonyma-loan-story/45264 "2008-03-19T08:11:34Z")\
**Posts on this page:** 1\
**Showing post:** 9

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**Author:** ![eMKay](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/emkay/32/7428_2.png) [@eMKay](https://forums.speedlife.net/u/eMKay)\
**Post date:** [March 19, 2008, 9:37am UTC](https://forums.speedlife.net/t/my-sonyma-loan-story/45264/9 "2008-03-19T09:37:32Z")

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When I met my wife, she was in the process of buying a house through sonyma, she made just over 30,000 at the time and would BARELY be able to afford our house which only costs $600 a month (mortgage, tax, and insurance), and be able to pay her bills ($270 car payment, insurance, food, utilities) I don’t see how she could have done it. When I moved in I made about the same as her, and even with our combined income we did not have much extra cash. There is no way we would have been able to afford a $1500-2000 mortgage. Can we afford it now? Barely. We could afford the mortgage on a $100-150,000 house right now with a combined income of just under $100K. I don’t see how people pay for $200-300,000 houses with our income or even less. Ramen noodles? POS '89 Cavalier? Mounting credit card debt?

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