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Reply to "1.6MM home- how much would you want to be making?"
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[quote=Anonymous]We bring home $340k before bonuses (that we don't count on because there have definitely been years where they didn't happen) and have a $760 mortgage. Our monthly is about $4200. Add in our student loan, which you don't seem to have, and let's say we're paying out $5400/month. Sure, we could theoretically afford over 7, but isn't the point of making good money NOT having to worry about money? Why stretch? Your savings are not nearly enough. And I also agree that scrimping and saving into a 1.6mm home and then not being able to afford the commensurate lifestyle or furnishings is sad.[/quote]
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