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Reply to "$900k home with $180HHI if large downpayment?"
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[quote=Anonymous]That’s $4639/mo. You sound like a 2 income household. I’m assuming you are responsible adults and max out your retirement and I’m assuming you are lucky and have no healthcare costs. So with that assumption, I guess you bring home about $9,300/mo at a 20% tax rate. You think it would be comfortable living on $4700/mo? Including college savings, home repairs (old home expensive repairs) and the basic expense of kids and inflation uncertainty? Personally I wouldn’t want to be under that kind of financial strain. [/quote]
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