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Reply to "Bigger mortgage vs. private school."
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[quote=Anonymous]The first thing I'd look at are the numbers you're assuming. For private school, $2000/month sounds right for right now, but the price increases every year. What percentage is normal? You can probably find out. Would you really have to increase your mortgage payment by $2000/month? Are there cheaper alternatives? I estimate that's about the monthly payment for borrowing an extra $300K -- do you have to go that high?[/quote]
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