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Real Estate
Reply to "Can we afford a monthly mortgage payment of $4900?"
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[quote=Anonymous]Be forewarned that public school won't decrease your child care expenses to nothing - our school's before/aftercare program charges somewhere in the range of $750 per month for both services 5 days a week. Plus camps, which can run $500 per week and more with before/aftercare. And elementary kids do a lot more activities, we spend a few hundred each month for one or two sports programs per week. We have a similar income and would never take on such a large mortgage, but we're insanely conservative on this stuff. I do think a 3 month cushion is way too short, but maybe my views on that are skewed.[/quote]
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