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Reply to "At what point would a $6000 monthly mortgage make sense?"
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[quote=Anonymous][quote=Anonymous]Only if either my DH or myself could make the payment by ourselves, it not, forget it. We live in a 2,000 sq ft. home with no mortgage and why? Because if one of us lost our jobs, we wouldn't be homeless. And guess what? My DH was laid off in '08 and our lifestyle didn't change, I continued working part-time and our DC is in private school. Why can't ppl think smart these days? [/quote] You know, a lot depends on how worried you are about losing your job. My husband's job is pretty close to 100% secure (really, tenured professor) and we have lots of disability and life insurance. So him losing his income is just not something we factor in the way I used to (for myself) when I worked at a tech startup. Don't be so obnoxious and presumptuous -- the OP said nothing about their life situation in this regard. [/quote]
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