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Real Estate
Reply to "If your HHI is 200K, how much house would you buy?"
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[quote=Anonymous]HHI is $200K (excluding bonus of about $20K per year). PITI is $2300 Childcare is about $1500/month + preschool $800/month No student loans, no car payments We contribute the max every year to our retirement (about $33K plus matching) No way would I have a higher mortgage at this point in my life. Pre-kids, I would have thought it was doable, but with childcare and preschool, we are just comfortable. We can still take a big vacation every year and have a comfortable emergency fund. We also contribute to 529s. I expect our HHI will increase significantly in the next 5 years, but I don't see a lot of reason to get a bigger house -- we are in N Arl in a great school pyramid (just the tiniest house in the pyramid!). So hopefully we will have even more fun money in the future.[/quote]
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