Okay in need of some advice. Husband is Active Duty. We are young, have two kids. Our next duty station is where my husband plans to get out of the army and it’s also our home state. However the area surrounding the base is not the safest. We are tired of the constant mold problems etc on post housing. Not to mention the army gives us housing allowance that we can use to pay for our house. On post housing takes all of the money and includes utilities (water, trash, lawn care) so each month that money comes and goes. At our new duty station the towns surrounding the post has homes for rent but we would have to pay upwards of 200 dollars just for rent not to mention utilities. Upon tons of research we would be better off buying a home because our mortgage could/would be lower than rent. The way my husband sees it is that we are putting that housing allowance toward a home that is ours rather than throwing it away. We have just paid off the majority of our debt, but I am fearful. I just want to save save save that money but I know once we move and if we buy we will have to pay utilities etc. I’m on the fence about buying but he is all for it. What would you do? Ps. I’ve crunched numbers and with the mortgage price we’re looking at plus an estimate of utilities and internet etc we would still live comfortably off of just income, plus he is due for a raise once we get there. I also plan to work.
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