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Reply to "Would you buy a $1.2M house on this HHI?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are looking at a $1.2M house on a $400k HHI with about 40% down. No other debts as well. Honestly, even on the higher income with a larger down payment, I'm worried it will feel tight. [/quote] Really? What else do you spend money on? Private school? We have a 1.2 m house and put 20% down. We make about 400K and it has never felt tight. We have one child in daycare and two pretty expensive cars (both leased). [/quote] agree with previous poster. What do you spend money on that you think this will be tight? You must have significant private school costs or high end spending habits. [/quote]
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