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Money and Finances
Reply to "found a perfect house but PITI would be 25 percent of our monthly gross income."
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[quote=Anonymous][quote=Anonymous]OP has free childcare right now. What if the grandparent had a stroke this weekend? Now OP has a $2500/month (plus aftercare for the preschooler?) childcare bill. That said, $4000 PITI on $10,500 net isn't that bad, assuming OP has no other debt and healthy savings. The remaining $6500 should cover reasonable living expenses plus the daycare bill.[/quote] You can definitely get daycare for considerably less than $2,500 per month.[/quote]
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