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Reply to "$300k HHI- $6k monthly PITI- bad idea?"
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[quote=Anonymous][quote=Anonymous]Live cheaply now and save up a huge down payment so that you can have the same house in a few years with half the PITI. That's what we did, which then allowed us to pay off the whole thing in about 6 years. [/quote] that assumes OP can get the same house in a few years at a comparable price. Probably the case (I personally think that prices will level out soon), but a gamble. [/quote]
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