Me: 115K
DH: 62K

House payment is $2,700 (bought at the peak of the market almost 5 years ago).
Daycare is $1,800 a month. We have 1 child.

Anonymous wrote:

Anonymous wrote:

my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

sounds like you bought more house than you can afford, put almost nothing down, have a very high-interest loan, or a combination of the three.

Agree. That is a really high payment. We are at 160K HHI and our mortgage is 2,100 a month. We did refinance to a much better rate.

I would not be comfortable with anything more - we now can afford mortgage if one person were to get laid off, which I think is ideal. We live in a SFH close-in.

no, put 10% down at the time, since paid off the 2nd 10% loan, have a low (or as low as you can get for a conforming jumbo) fixed rate. but maybe bought too much house.

Anonymous wrote:

my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

sounds like you bought more house than you can afford, put almost nothing down, have a very high-interest loan, or a combination of the three.

Agree. That is a really high payment. We are at 160K HHI and our mortgage is 2,100 a month. We did refinance to a much better rate.

I would not be comfortable with anything more - we now can afford mortgage if one person were to get laid off, which I think is ideal. We live in a SFH close-in.

Me: $95,000
DH: $155,000 + some bonus

Both 35.

Mortgage is $5000 in Falls Church.

One kid in FT daycare for $1500/month. #2 on the way, daycare will go to over $3000/month.

No debt other than mortgage. Both max out 401(k)s, have some college and other savings.

Me: $56,000
DH: $64,000

I'm 39 and he's 36

Mortgage is $2100 in PG County

One kid in daycare 3 days a week for $750/mo. Second kid on the way and when we'll have monthly daycare costs of around $2000

No debt or car payments

We rent out some of our bedrooms to wonderful housemates for about half of the mortgage.

We feel like we make a lot of money. Have a lot to be thankful for both in terms of economic security and quality of life.

my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

sounds like you bought more house than you can afford, put almost nothing down, have a very high-interest loan, or a combination of the three.

Anonymous wrote:my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

Post your salary and maybe someone will compute it for you.

Anonymous wrote:my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

How much do you make?

Anonymous wrote:

Anonymous wrote:Jesus Christ am I poor compared to you folks. We make a combined income of barely 110K (we make about the same salary) but we're doing great and have a cute little townhouse and 1 child.

a lot of us are prob much older than you too....

I'm the original poster...and I'm 31 and my spouse is 34. Not sure that's 'young' on these boards. We're in IT, but in education which overall pays less. But we both love our jobs and all the leave we get.

my house payment is about $4,800/month and we make less money that almost any of you. something does that compute.

me $100
DH $80

own on cap hill se - $1600 (bought a long time ago)
still have school debt
childcare for three kids (one in school - two daycare) - $2400 a month

me: $102
DH: $97

Own in Derwood = $2800/mo
Preschool and au pair = somewhere between $20 and $25k yearly

No more school debt.
cars paid off.

I'm 33 and DH is 36

Me:118 K
DH:180 K + 20% bonus

Mortgage: 3000 month
Daycare: 1725 month

one DS another on the way

Me: 100K
Husband: 135K
Total: 235K

3 kids, own a house in Rockville

DH: 60K
Me: 75K
Total: 135K

Two kids, childcare = $2100 a month

Own a rowhouse in Baltimore (where DH works. I work from home mostly)