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Reply to "Pros and Cons of Moving to DC Area"
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[quote=Anonymous]^^More precisely $750K first mortgage and $250K HELOC on which we pay interest only. The first lien is a 5/5 ARM at 2.625% with interest increase capped at 2% at the end of 5 years. We will have downsized well before then. HELOC was taken towards the kids' college expenses. No reason for me to understate our expenses ..... but it blows me away when I see the sort of numbers that are bandied around on this forum.[/quote]
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