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Real Estate
Reply to "would you take out a mortgage that is half of your take home pay?"
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[quote=Anonymous][quote=Anonymous]Half take home is $3300 Left over after non negotiable bills $1300 This means non negotiable bills are $2000 [b]My family of five has about $500 a month in non negotiable bills[/b]. If you include my property tax and homeowners insurance (I have no mortgage), I don’t come close to $2k a month. You have way too expensive of a lifestyle to afford this mortgage. [/quote] DP: while I don't disagree that OP is spending too much - putting their financials aside, your $500 a month in non-negotiables for 5 people is completely and totally unrealistic for most people no matter where you live. You're fortunate to not have a child with special needs, or a child who has an expensive hobby/passion, or a family member with an illness, or expensive healthcare. Just not a good or realistic comparison. [/quote]
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