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Reply to "Making 150k with mortgage of 550k?"
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[quote=Anonymous]That really does sound uncomfortable. We make around 250k combined, but have a 380k mortgage. Including taxes, it's a fine monthly payment. But we have kids expenses, retirement savings, utilities etc. Further, we have to buy cars when they are old, we have to fix things in the house when they need to be fixed, we need to eventually pay for our kids to go to college. We wanted a mortgage that we could allow us to live comfortably. We bought a house for around 550k. It was a few years ago, sure, but there are plenty of lovely homes in great neighborhoods with great schools that have homes in this range. You might want to look into those. [/quote]
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