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Reply to "How much mortgage at 400k HHI"
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[quote=Anonymous][quote=Anonymous]We are about 19k monthly hhi and have a 5100$ mortgage that we overpay. Also have two kids in daycare for 3k/ month but no other loans. We max out retirement and contribute to other investments including 529. I know everyone on here likes to talk about how frugal they are but you also dont want to under buy then feel pressure to move if your family grows or the house starts feeling too small. [/quote] I can only speak to myself at that income level, but we definitely did not under buy. We just put a good amount down, so we are not stuck with a fixed high expense and never shackled to being a 2 income house out of necessity. That's the great advantage of being high income, you dont have to back yourself into a corner.[/quote]
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