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Reply to "Making 150k with mortgage of 550k?"
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[quote=Anonymous][quote=Anonymous]You can afford it. Ignore the frugal police here. Your mortgage would be pretty normal around here for your income level. If the payment amount fits into your budget,that's all you need to worry about. Different stroke for different folks. [/quote] Ignore the "frugal police" at your own peril. These threads amaze me. Someone asks "Can I afford X?" Some people say no, others say yes and some of those always say that people on DCUM are *extremely* frugal. I'm calling BS. There is a reason why pretty much all financial advisors and gurus say don't take a mortgage more than 3x your salary. That's not even being frugal. That's just being NOT STUPID. Sure technically the OP can afford the monthly payment, but there won't be much left. She will be house poor. OP, my ire isn't directed at you. It's at the people who think anyone not living paycheck to paycheck must be the "frugal police".[/quote]
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