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Reply to "LCOL- who moved from this area and it was beneficial?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not worth it. Your husbands salary will be adjusted downward due to a change in locality pay. You will also lose the low interest rate you have on your current mortgage, so a cheaper house may actually be more expensive. [/quote] I already looked at house similar to ours in sq footage and school district and its $200 less than our current mortgage that has a 3.5% interest rate. We could sell our house for 500 or more. Its way less tax and less to insure, etc. The salary difference is 10k per year and I would make my same salary. Housing costs are 60% of DC costs. [/quote] Its boggling my mind honestly. [/quote]
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