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Reply to "Just bought an $800,000 house on a $186,000 salary and now I'm panicking...."
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[quote=Anonymous]I don’t think so, but I would have personally wanted a larger downpayment with that situation. That monthly mortgage would have been too much for us. Our house was similarly priced and we have a similar joint income but we saved until we had a downpayment quite a bit more than yours. So as long as your jobs are stable you’ll be ok! Downside is you’ll be paying for college and your mortgage together unless you can pay it off faster. [/quote]
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