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Reply to "Could you live comfortably on $7500 a month?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You guys are lucky you don't have student loans - our household student loans are around $900k/month. Makes a SERIOUS dent. And where are all of these 2k and under mortgages? My mortgage is for about $420k and monthly payments including taxes, insurance, etc. are just under $3k. [/quote] The key for us is that we bought in 1997. We have added to the loan for one major renovation, but we currently owe <$200k due to timing and over paying. [/quote] By over paying I mean we prepay some of the mortgage each month.[/quote]
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