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Reply to "Would you spend 700K on a house with 165k HHI?"
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[quote=Anonymous]An important question is what do your current monthly expenses look like and can you back in this new payment into your current lifestyle? Alternatively, if you will need to change your lifestyle to accommodate the new mortgage payment I would try making those cuts now before you take on the new house to make sure they are sustainable. My personal opinion is that it is doable especially with that large of a downpayment. [/quote]
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