You also have mortgage insurance on top of that because of the 5% down.I agree with Peter-do what you can to save and put 20% down. 

Hey Lisa, hard to say definitively without all of the proper pricing questions!

(CSPAN).Today’s Interest Rate: 6.92%(👇 .05% from this time last week, 30-yr mortgage)Mortgage interest rates have calmed down a tiny bit, after staying above 7% for most of February, although they remain volatile.

I've never gotten more snail mail in my life (mortgage statements, bank statements, invoices, etc.) and it seems like every time we turn it to "paperless" options, the mortgage is sold and then I get all new mailed statements to turn off again.

The bank says your “insurance company” needs to pay off the $450k mortgage balance, where’s that money coming from?

I am a mortgage lender located in southern California.

Please let me know how to price this properly for a lease term that would extend over those 3-5 years.

Actual real estate or hard mo ey loans involve a Promissory Note and a Mortgage/trust deed document securing the  loan with a lien on the house....not done “investor agreement”.

Things are tight with day care, mortgage for personal home, and kid #2 on the way.

That you won't be able to get rent to cover the mortgage?