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Reply to "How much was your HHI if you bought a $1M House"
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[quote=Anonymous][quote=Anonymous]We bought 550k while grossing 125k with 5% down, so I am guessing we would be able to swing 1M making 250k. And before the question starts yes we are able to eat, go on vacation, put 18k in a 401k, 11k in another, max an HSA at 6750k/year so no we are not house poor. [/quote] Sure, but you'd be a moron. A 1M jumbo loan with 5% down would have outragrous PMI and taxes. Living on one income and carrying around that kind of debt load is idiotic. [/quote]
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