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Reply to "am i insane for considering this? 820k mortgage on a 240k income"
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[quote=Anonymous]It is totally fine. 3.4x is easy. Don't listen to the overly conservative idiots on this subforum. If it were up to them people would only be living in 2x income homes....many people in this area would not have homes. The 2.5-3x rule was written back when interest rates were 10%. It is also different when you live in a HCOL area. It just costs more to live. [/quote]
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