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Reply to "At what point would a $6000 monthly mortgage make sense?"
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[quote=Anonymous]I've had a $6,500 mtg payment (incl taxes and insurance) for the last 3 years. Our HHI for the first two of those years was less than $220K. It was tight, but very do-able assuming you don't have a ton of other big expenses. i.e., no private school, no crazy child care bills and no huge car or student loan payments. We did it intentionally as we wanted a 15 year mtg.[/quote]
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