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Real Estate
Reply to "At odds with spouse ove how much house we can afford"
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[quote=Anonymous][quote=Anonymous]I think 1.7m is too much to spend in your situation, OP. Your HHI is healthy (obviously), but your savings are pretty low for that HHI, so I think you need to allocate more of your income to savings than to mortgage interest. I did not see any estimate of your current monthly/yearly spend, which could have a big impact on the answer. You also don't say how stable (or not) your incomes are. I'd recommend targeting homes in the 1.3m range (plus/minus 200k). We're in a comparable situation to you, and that's our target.[/quote] This. You are technically under accumulators of wealth. Read The Millionaire Next Door.[/quote]
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