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Reply to "Can I afford a 1.8M house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Dual Income: $450-$475K 2 kids in private school: $70K Net worth $3M (excluding $$ for down payment) and kid's 529s will be fully funded by their grandparents - maximum gift contributions. 25% down on a 1.8M house We're 40. The mortgage will be $7K/month, but my mother will be living with us and contributing in approximately $2-$2.5K in rent.[/quote] Seriously, you should not be charging your mom. [/quote] Yep, bad karma[/quote]
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