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[quote=Anonymous][quote=Anonymous]New poster here...Reading these types of threads on DCUM has made me a bit nervous lately.  Our HHI is just upwards of $145k and we have around $130k as a downpayment.  We have child care which is our major monthly expense (about $2100), more than our current mortgage and condo fees which all told equal around $1800 a month.  But I expect that the child care expenses will decrease in a couple years (oldest is about to start kindergarten, youngest is 2) and our income will also go up (right now I work PT).  We have minimal debt in the form of student loans--no car payment, no credit card bills.  We have been looking at up to $650k as a purchase price.  Are others out there just very conservative?  I sure thought we were...we live pretty modestly (by local standards that is) and have been able to save up quite a bit of money over the past few years.  [/quote]

Put it this way. We also have $130-$140k as a down payment, DH makes $165+ 30-40k bonus, I SAH (so no childcare), and WE are looking at a $650k purchase price. I would say that we are on the conservative side, but I would be very nervous in your shoes to spend that amount unless you are going to back to work really soon and your income is going to jump way up.[/quote]

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