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Reply to "am i insane for considering this? 820k mortgage on a 240k income"
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[quote=Anonymous]We bought a new construction about 6 years ago with 900K mortgage, HHI was 230K. We just refinanced on 800K mortgage, with HHI 280K, and our house value has increased 300K. If we did not buy the house at that time, we will definitely be priced out of the neighborhood we are living. So glad that we stretched back then. You will be fine, OP.[/quote]
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