8406 Hartford Avenue, Silver Spring, MD 20910

Today, I went to visit a house located at 8406 Hartford Avenue in Silver Spring, MD. It is inner suburb of Washington, DC. A sort of nice middle class neighborhood. The house was originally listed at 679K. It was reduced to 649,000, and then to 629,000. The open house was happening between 1 - 5pm and when I showed up at 3pm only 5 people has signed in at the sign in sheet. Will it sell at 629K?

As I was leaving, one of the browsers walked ahead of me and jumped into their SUV. If he buys this house at 629K and keeps his SUV what would his monthly costs associated with these two material objects be?

• $3450 ~$3700 ( 30 yr fixed) - 800 ( int. tax deduction), 300 ( property taxes), $200 ( maintenance)
• $850 ~400 ( car payments), ~200 ( monthly gas), ~250 ( car insurance)

Ok. For those two items we are looking at 50,000 a year. D*mn.