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Reply to "Mortgage Payment on 200K salary?"
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[quote=Anonymous]We make $200/yr and have a complete mortgage payment of $2400 (PITI,taxes,insurance). We have one daycare payment of $1100/mo, plus before/aftercare for other child of $300/mo. No car payments, we max retirement, and do our best with college savings. We have about $50k liquid. I wouldn't want to pay one penny more for our mortgage. There is always something that pops up and having a little extra to skim off the top in those cases is great. [/quote]
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