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Reply to "Mortgage payment on 175 HHI "
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[quote=Anonymous]We have the same HHI and similar savings, and pay for daycare for 1 toddler (1300/month). But we also have a car payment, student loan payments, and commuting expenses. Our mortgage is $2500 PITI; we save as aggressively as we can and don't have much disposable income, but I feel comfortable. Would your down payment come out of your current non-retirement savings, or does that number reflect what you'd have left? If you're currently saving $3500 a month and your current mortgage is $1700 and nothing else changes after you buy, wouldn't you just be saving $1800 instead? It sounds doable.[/quote]
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