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Reply to "Would you take a $950k mortgage on 300k salary?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How is your take home so high? Do you have a full pension and/or not contribute to your 401K?[/quote] It’s actually $16,800. We don’t pay for health insurance premiums so that helps![/quote] What happens if your health insurance changes? Our insurance is through DH’s employer. We were lucky to pay no premiums for good insurance for decades. Last November we were informed they were changing things. Suddenly we pay close to $1000 a month just in premiums and have a high deductible so our healthcare costs skyrocketed. Fortunately, we have a low mortgage payment so could absorb it. [/quote]
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