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Reply to "Mortgage Payment on 200K salary?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We net approximately $11000 per month and our mortgage payments, RE taxes and insurance is about $6000 per month. Been doing this for years without any financial pressure. We vacation a couple of times a year of which one of the trips is usually to an international destination. $5K per month is more than enough for all other expenses. We have zero debt other than the mortgage. No childcare expenses and we have enough saved for the future.[/quote] Do you have kids?[/quote] Yes, but they are done with college and are self-sufficient. We spent over $500K putting them through college which is why we owe money on the house. BTW, when I say we have enough saved for the future, it is certainly less than some of the ridiculous amounts some on DCUM say they need to make them feel secure for the future.[/quote]
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