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Reply to "How did you afford your $1M plus home?"
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[quote=Anonymous]We are at a loss. We do very well and live in a 700k townhouse in NW DC. We'd like to move closer to chevy chase area with better schools but the houses we would like are upwards of $1M. Our mortgage is currently 4500 (little down payment, FHA loan a few years ago). We are going to try to scrape together another $100k in downpayment over the next few years but not sure it will happen. How do you afford your $1M home? Our HHI is just over 400k but once you calculate family we need to help, nanny (we both have very long hours), etc, we're not able to sock away enough to really put together a large downplayment[/quote]
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