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Reply to "If you bought a $550,000 home- what is your household yearly income?"
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[quote=Anonymous]We bought last summer for $549k. HHI was $165K. Daycare was our only real expense (~$2300/mo). We put down 25% so only borrowed $411k. Monthly payment is $2415. I agree with the other poster it is not about the sale price, but about the mortgage payment and how it fits in with your other expenses. [/quote]
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