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Reply to "At what point would a $6000 monthly mortgage make sense?"
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[quote=Anonymous]if I lose my job I am screwed at any mortgage price eventually. Of course you need 6-12 months in savings. Duh. I'd much rather have a highly leveraged asset worth $1M appreciating than one worth $500K. The poster who needs $25K TAKE HOME (after tax) to pay a $6K mtg is the dumbest person who posts here. [/quote]
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