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Reply to "$300k HHI- $6k monthly PITI- bad idea?"
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[quote=Anonymous]Really depends on what you mean by "generally upward trajectory." I wouldn't do that even without a nanny, but if one or both of you are in a career with regular large increases or an upcoming income jump; maybe. You don't want to eat up all of your expected savings (putting expected here to head off all the parents who insist camps are just as expensive as daycare/nannycare in elementary years) with your mortgage, either. Most people earmark that for college savings.[/quote]
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