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[quote=Anonymous][quote=Anonymous]We have a 15 year mortgage of $560K and it feels crippling at times. And we earn over $400K a year. Sorry if I sound like a spoil sport. I just cannot wait to pay off the debt.[/quote] OP here, thanks for everyone who responded. 600K reflects the loan itself, after a downpayment. We have no other debt except a very small student loans not worth paying off as interest on it is very low. Our HHI is ~300K. Childcare takes a chunk out of my income. Am wondering if those who no longer have childcare...do you still feel tight? The house is really what I would love to raise my kids until they go off to college. But I feel nervous reading some of the DCUM's posts and how people like PP who makes 400K and feel tight financially. Could you share with me your HHI and if your CURRENT mortgage is around ~600K. What are you expenses? Do you feel comfortable, with childcare costs and post when the kids are in school. Am not planning private school at all as we would be buying into a very good school district. Thanks! [/quote]
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