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Reply to "900k mortgage. 250k HHI."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's so interesting seeing everyone's threshold and where they place value. We wouldn't touch that with a ten foot pole because we place value on other things, so with a 325 HHI, we paid 480 for a TH (TBF-2014 so not current market prices & a 15 year loan), have both cars paid off, max out 401k's and college savings, then spend elsewhere. As long you're comfortable with the ramifications of what you choose, you do you. [/quote] I share your view (actually we are even more conservative, [b]paid $500k with a HHI of $500k at the time, which is now $700k[/b]) but we both will probably have a lower HHI as a result. [/quote] I think this is reckless and spendthrift. At an income of $500K, you should be living under a bridge just to play it safe. You never know if one spouse could lose their job or someone could get sick. Oh and also don't forget to go barefoot at $500K - shoes are only for 7-figure earners.[/quote]
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