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Reply to "Afford $1.8M on 300K?"
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[quote=Anonymous][quote=Anonymous]Assuming you pay about 25% of your income in taxes - federal state, SSDI, etc., you net $225k after taxes. You're proposing that you pay 48% of that net in a home payment - and that's not including 401k, medical, or any other deductions. People do that because they have to. They don't do without a very good reason, and your rationale, "We think the house is a bit small - ideally, we'd like to be in 4000sqft," doesn't come close to that. [/quote] OP's math doesn't work. Her claims for her monthly take home vs HHI do not add up once taxes, 401K contributions, etc are added up. [/quote]
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