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Reply to "Anyone at $330K HHI have a mortgage that is $4900/month (37% of net pay / 17% of gross)?"
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[quote=Anonymous][quote=Anonymous]Personally I would feel strapped. We have a $700k mortgage make around that (depends on DH's bonus). Our PITA is $3,800 and pay our nanny around $40k. We are still able to travel (not as extensively but we have a 14 month old anyway) and put away $2k/month into a taxable investment account. We already have an 8 month emergency fund and fully fund roth 401ks and [b]grandparents have maxed out DD's 529 plan[/b]. FWIW in the first two years we owned our house we flooded 3x & ended up spending close to $40k in repairs/modifications to the house. There is no way we could have handled that without the emergency funds![/quote] GODDAMIT! I didn't stop reading and found more effing grandparents paying for college. I'm going to go eat ice cream now so I can come back and post about not just being poor but fat too![/quote]
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