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Real Estate
Reply to "If your HHI is 200K, how much house would you buy?"
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[quote=Anonymous]OP, we have a HHI of $250k and our mortgage is about $2500. I love this payment amount because we can agressively save without significantly compromising our lifestyle. We have 2 kids in daycare. Like you, I believe I'd rather oversave for retirement than overspend now, so we fully fund 2 401ks and 2 IRAs. We also save for college ($10k/year total) and have $500 in student loans per month. No car payment right now, but will probably need to replace one of them in the next few years. But since we've been able to save, we can easily pay for the car in cash. I think we would be very comfortable with a mortgage payment of up to $3000. Maybe up to $4000 if we weren't paying the double daycare bill.[/quote]
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