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Reply to "Another can we afford this post, HHI $325k"
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[quote=Anonymous]We have a similar income, and our PITI is $3700 so at first, I thought $6500 was crazy. But then I remembered how much we’ve spent on takeout this year (thanks RTO), a spring break vacation, new hardwood upstairs, new washer and dryer. And I had to buy a new car when RTO happened. We are also saving for retirement and about to send a kid to college. So if you don’t eat out or vacation, and have a few years before kid goes to college, you are probably fine. New house helps but I would still make sure you have money put aside because there is still a good chance you will need it. A lot of new houses these days are garbage.[/quote]
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