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Reply to "900k mortgage. 250k HHI."
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[quote=Anonymous]I wouldn’t do it because I have 3 kids including 1 still requiring childcare, but I think it’s funny how many people are saying it’s not doable. We have a similar income with a $3,200 mortgage but drop nearly $1,600/month on preschool. Which I think is not very outside the norm for this area. Granted preschool payments don’t last as long as a mortgage, but you also only have to pay for one kid to go to camp, college, do extracurriculars, etc. So you’re probably spending at least 1k less per month (when you average kid expenses together) over a family with 2 kids. I think you could therefore swing the higher mortgage. [/quote]
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