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Not if you plan on eating or having any fun or even having a car. I assume this 60k is gross meaning....take about 30% out for taxes and medicare and all that fun stuff. That leaves you with 42K net per year--divide that by 12 months and you have yourself a whopping 3500 left. Now pay your loft per month of 3,000. Wow you have 500 dollars left for ALL other expenses. Dont do it. You will end up losing it to foreclosure.

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Q: Would it be easy to pay 3000 on a loft if you earn around 60000 a year?
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