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Real Estate
Reply to "Would you take a $950k mortgage on 300k salary?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How is your take home so high? Do you have a full pension and/or not contribute to your 401K?[/quote] It’s actually $16,800. We don’t pay for health insurance premiums so that helps![/quote] Wondering the same as others re: your take home. Our HHI is $350K and also don't pay health insurance premiums. We do pay into a pension but not much. That, plus 6% 401K allocation each and our take home is closer to $11K per month. We have a 500K mortgage but with interest rates at half of what they are today. It's comfortable but with two kids in ES I wouldn't want to stretch much more. [/quote]
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