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Reply to "Would you buy a $1.2M house on this HHI?"
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[quote=Anonymous]We have a 1.35 million dollar (purchase price) home with $750K mortgage on a $385K HHI and we save about $80K a year in addition to two 401ks (18K plus match each). We spend about $15-18K a year in childcare (summer camps for 3 kids plus sports/activities but no formal childcare). Otherwise we live a simple life (Old Navy, one paid-for Honda, Giant, public school), You should be more than fine unless you're used to or want a high end life. [/quote]
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