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Reply to "Anyone at $330K HHI have a mortgage that is $4900/month (37% of net pay / 17% of gross)?"
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[quote=Anonymous]Op, I think that your husband is right (to not want to rush into the house) and that you need to step back. Do you still have credit card debt? Do you have more than $10,000 in cash? Every time I've purchased a house (4 times), I've shelled out a ton of cash to do things around the house, buy things (and that includes when I bought new construction). You are presumably moving to a much bigger house. Do you have enough furniture? Are you going to rack up more credit card debt to buy it? Not smart. And you think that your family is going to be happy hanging around the big house instead of taking vacations? You'll be racking up more credit card debt. You need an emergency fund and a fund for the house stuff before you can even think of purchasing. One more point, you are also banking on the cost savings from an au pair. How do you know you are going to like having someone living in your house? I know that I wouldn't and a lot of other people wouldn't either...[/quote]
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