Reply to 900k mortgage. 250k HHI.

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Reply to "900k mortgage. 250k HHI."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Shocked by how many people think this is ok.  We make $380k and our mortgage is $3,900/month and I def would not be comfortable with it being any higher than that.[/quote]

+1. Same. I blown away by how many people are fine with nearly a $1M loan. WTF? We are at $550HHI and got house for $600K. It's insane to me. I must assume that everyone has a) no student loans; b) inheritance; c) grandparents paying for everything. Otherwise, how do you justify that spending on an house?[/quote]

Of course it’s grandparents helping. Welcome to dc . Home of enablers [/quote]

The main thing having an inheritance and no student loans enabled for me was that I didn’t feel the need to go into law or finance or something where I’d have made three or four times what I’m making in media/partner is making in nonprofit health care work. (We used some of the inheritance to pay off my spouse’s student loans.) Not sure why it would have been better for anyone if I hadn’t been “enabled” to do something for a living where the money wasn’t the main consideration. [/quote]

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