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Reply to "How much take home pay would you personally want to buy a $1.5M house right now?"
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[quote=Anonymous]OP here. So our HHI is right around 550-600k (may be more or less depending on bonuses). I wouldn’t say we are frugal but we’re not big spenders. Childcare cost is by far the biggest expense. Jobs are likely secure; would be surprised if either of us got laid off. Still, $9-10k seems like a ton and if something were to happen to one of us, that would be bad. Also, it will take a while for us to rebuild our savings outside of our 401K. And I don’t know what to expect in terms of the house appreciating and whether all the extra interest I’m paying is worth it.[/quote]
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