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Reply to "Am I crazy for thinking that we could afford this?"
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[quote=Anonymous]We purchased in June 2011 on a similar salary. Mortgage is $411k, but we put 25% down. Based on what you have said, and my own experience, I think you can afford it. BUT, do check on the free childcare you are expecting. My MIL has no interest in watching my kids (every) but did so for her older grandkids. Childcare for 2 can be $2000 to $2500/month. Our PITI is $2415, but you will likely have a higher interest rate. I do not think you are crazy to anticipate the salary bump (we are feds also), but promotions are slowing, so don't make your decision counting on it. [/quote]
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