Reply to moral/ethical dilemma regarding trust fund spending

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[quote=Anonymous][quote=Anonymous]You want to borrow a million dollars from a trust fund for a house? I mean it's your money but I don't see why you need such a big house, and all paid for in cash. [/quote]

No, perhaps I wasn't clear.  The list price of the houses we would be looking at would be $1 mil, we would not have to borrow anything close to that to make a down payment that help our mortgage be similar to what it is now.  More like $100k-$200k.

To the pp who suggested looking at lesser houses, when we bought our house 5 years ago, we looked at what we could afford in arlington and mclean, and felt we had to compromise too much on things that were dealbreakers for us.  I don't know if that has changed much (I don't think prices have dropped much over the past few years), but I agree that I would rather deal with smaller rooms/crappier kitchen/etc to have DH be 20 min from his office...problem is, a lot of homes, even at the $1 mil mark (at least right now), already HAVE those inconveniences...[/quote]

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