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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous] I also don't think a family of 4 living in an 1800 square foot house is "comfortable." But that's just me- a typical American. I certainly don't need or want a McMansion, but we need about 2400 square feet to not feel cramped. And because we sometimes work long hours, it's important to us to live close in rather than add a commute to our long day. No way could you swing this on less than a $4000 mortgage unless you bought 10+ years ago. quote] We bought a close-in (N Arlington) 2800 sq foot TH last year with 20% down and our PITI is less than $4000 on a seven-year ARM (and before the ARMs are evil police come out, based on our math and certain relocation in 7-9 years, the ARM we have was financially better for us, e.g. lower total cost at the time we are likely to sell our home). So you can swing it...there were smaller size homes in our metro-walkable close-in neighborhoods for even less... [/quote]
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