did you include property tax, insurance? The rental income also may produce more expenses, so it won't be net rental income.

Monthly payment is really high. It will be very tight for your family.

我昏！月入4600就敢买60多万的房子？股市都跌成这样了，房子再跌怎么办？没人租房或者租金跌了怎么办？你们有孩子不？将来要上学不？你们有足够的医疗保险不？你老公有失业保险和人寿保险不？。。。。。太危险了！

健康财务状况的简单计算是：贷款额=税前收入*3。。。。这个虽然比较保守，但是你家也差太远了啊。

如果一定要买，我建议你尽可能多付downpayment,支持不住的时候就卖房。注意房租不是稳定收入，还可能要交税的，并且租房有你意想不到损耗，房子本身也需要维护费用。

Right, your budget will be extremely tight since the rental income is not guaranteed. There'll be a lot of extras on the house, and I assume the HOA for townhomes is considerablly high, too.

Our mortgage is less than 2 times our gross income, and the monthly payment is only 1/5 of our take-home pay after 401k and taxes. But we are still in red every month since we moved in...tools for the house, maintenance, furniture, appliances, utilities, insurance,etc.

You'd better calculate your average household expenses for the past year and plan for a reasonable cushion.

And the most important: is your husband's job quite stable? Or you can find a job soon enough?

We've seen several houses on foreclosure in the area, all families which have lost their only income. 6-months expediture is the minimum reserve you should have for rainy days.

lz一直说5年，我就假设选择一是5年的ARM,第二个是5年的Interest Only ARM。如果你和老公打算在这个townhouse里住不超过5年的话，那么选择一就没问题。我个人不赞成任何interest only的贷款。当房地产迅速上扬的时候，interest only的贷款看起来没什么问题，因为当你卖掉你的房子的时候，卖价会高于你当初的买价，你就赚到钱了。但如果房地产市场疲软，你卖掉房子的价钱低于你当初的买价，那么你还要自己掏腰包把差价还给银行。

如果你和老公打算住超过5年，就要考虑到利率上扬的问题。过去这几年的低利率是非常罕见的。80年代的时候超过10%的贷款都有。如果5年后的利率比现在搞了很多，贷款的还款额也会跟着调高。有没有算一算如果用30年的fixed的话，贷款的利率是多少，每个月的还款额是多少？如果30年的fixed贷款每个月的还款额太高无法负担，也许就要考虑不要买这么贵的房子了。

我也同意ckittyckitty的意见，无法预料的风险太多太高，最好还是保守一些。