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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My biggest concern is that they have a big mortgage payment and spending is out of control for the husbands income. I mean, $160k is decent, but it’s not a gold mine around here. I can see if he brought in 300k, even 250k. But $160k a month isn’t much to brag about.

It’s unwise that he’s throwing the extra 1100 a month into the mortgage when they are barely hanging on.

I don’t think there’s anything wrong with op making 15k on top of this, though. But someone should have a talk with her husband about finances. [/quote]
I don't see the big deal. He's thinking long-term and wants to reduce the interest they pay. Maybe he's thinks it's insane to pay 500k throughout the loan. That is insane if you think about it. Most likely that's what the house is worth [/quote]

It is sort of insane but that is what happens when you buy an adjustable rate mortgage. If they can't afford the amount they are paying on the mortgage without making OP feel guilty about buying money on food or forgoing haircuts, they either need to pay the regular payment on the mortgage or find different living arrangements. [/quote]

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