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Private & Independent Schools
Reply to "FA shouldn't go to people with 1 million dollar houses"
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[quote=Anonymous]I bought a 300k house because that's what I could afford. Unfortunately, many years later, my mortgage is still 300k because i have had to take out money. However, I have never gone above 300k because we can't afford a mortgage payment above that. If I borrowed 600k, I would be selling the house in a year - even if it wasn't upside down - because I can't afford a 600k mortgage. [/quote]
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