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Reply to "Help me keep my finances together post divorce "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How much will the RSU's boost your income? Will they be vesting on an ongoing schedule going forward? Unless they substantially boost your income the mortgage is way too high for your income and I'm not one of the ultra conservative housing people on here. [/quote] RSUs will add about $50k per year. I have RSUs vesting every year starting in 2020 with the smallest best being the 2020 units. [/quote] Seems like the mortgage is going to be too high even with the RSUs. I think you need to develop a full and complete budget of all of your expenditures and average out the annual expenses (i.e. vacations, home repairs which you did not include in your list) and see what your monthly costs look like. You could possibly make it work if you are a frugal person. As an example, our HHI is a little less than yours with the RSUs and our mortgage payment is $3,500 per month but we have two children in daycare for total additional costs of $2,400 which you don't have and we still manage to save a good amount of money. This one is all going to depend on how much you spend. [/quote]
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