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Reply to "What's the minimum level of monthly income minus mortgage you'd feel comfortable with?"
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[quote=Anonymous]Besides $3000/mo for your mortgage, you're going to need at least $500/mo for food, $500/mo. for utilities (I have a SFH in bounds for Deal/Wilson - utilities are not cheap), $800/mo for property tax and insurance, and $500/mo for diapers and other basic living expenditures. Then, plan to save $200/mo for regular home maintenance costs (again, SFH in NWDC are expensive to maintain), plus money for vacations and activities. Will your employer cover 100% health insurance and deductibles, and retirement/pension? [/quote]
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