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Real Estate
Reply to "What can I afford with 210K joint income and $300K down payment?"
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[quote=Anonymous][quote=Anonymous]If you plan on two kids buy under 800K, under 750 if you can. Check out daycare costs or nanny or beforecare or aftercare or summer camp and all that. [/quote] +1. Maybe 900k, with your 300k down payment. We have a mortgage of about $600k, and our HHI is $275k. But we also have 2 very small kids and a nanny- our child care costs are more than our mortgage. After we max out our 401ks, save some for college...I won't say that things are really tight, but I wouldn't feel comfortable with a much higher mortgage. Try to get a handle on what you expect your child care costs to be, especially if you are thinking about more than 1 kid.[/quote]
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