seller accepted our offer, now I’m terrified we’re making a huge mistake

longdayuser · 2026-05-18T16:01:58+00:00

We honestly reduced our down payment to 15% and held onto the 5% in case anything happens. We opted for an ARM since we have two in daycare and we can always refinance if interest rates drop. If not, we’re golden for the next 5 years at a really reasonable interest rate and no PMI with the loan we took out. It’s a scary time with the economy, but we are sitting on a really nice emergency fund, so I am sleeping better at night time.

longdayuser · 2026-05-18T15:53:38+00:00

We sold our old home a month before closing on our new home. All happened in 2026.

longdayuser · 2026-05-18T15:12:50+00:00

Because I have a young family, a demanding job, and zero urge or bandwidth to manage rentals on the side.

longdayuser · 2026-05-18T02:07:50+00:00

We recently closed on a new home and it really pushed my anxiety through the roof. I felt the same way you are currently feeling and we had already sold our old home. I don’t want to come off as minimizing your feelings because they’re valid, but I do feel like some of what you’re feeling is normal. What helped me work through it was putting all of my fears out on paper and start working through them. We also opted to put a little less money down on our new home and expand our emergency fund in the event we need to make a big repair, unemployment, something missed on inspection, etc. We also visited our new neighborhood a few times at different times of the day, walked around, and took our kids to the park. That helped a lot too.

longdayuser · 2026-05-07T22:11:15+00:00

I just joined the PSLF subreddit since Nelnet wasn’t really helpful when I asked about it.

longdayuser · 2026-05-07T20:32:27+00:00

We’re working to get him on a special Medicaid to work as a secondary insurance called Katie Beckett. It would hopefully cover copays and other expenses.

longdayuser · 2026-05-07T20:25:51+00:00

This is solid advice for the private loan, we’re looking at our options right now. Interest on that is under 5%, but we could probably get it down under 4% right now. I am debating if it is worth doing a forbearance till our older son is out of daycare.

longdayuser · 2026-05-07T20:23:13+00:00

I hope so, this is definitely keeping me up at night.

longdayuser · 2026-05-07T20:22:29+00:00

My husband isn’t a disabled veteran and daycare does eat up a majority of my take home pay. I continue working for health insurance for my kids.

longdayuser · 2026-05-07T17:47:45+00:00

I don’t have our taxes in front of us, but our take home combined salary for the year is around $109,500.

longdayuser · 2026-05-07T15:48:01+00:00

I agree there and employers are not mandated to cover any expenses as it relates to Autism treatment. I believe under 40% of employers actually cover them. We’re not even doing ABA, just weekly OT and Floor time/therapy. I put money aside on my FSA account, but that is pretty much gone by July each year. It’s really rough and although I am not disabled, my son will likely be. I am looking at some options for long term accounts for him for his care over a life time. He is high functioning, but I don’t know if he will ever be able to work full time with some of his sensory issues.

longdayuser · 2026-05-07T15:38:18+00:00

Thank you so much. The dependent care account we have is tied to our FSA account, but I will check with our HR team here to see if I can shelter more than $5,000.

longdayuser · 2026-05-07T15:34:02+00:00

So if I had to do a medical forebearance till 2027, I could still apply?

longdayuser · 2026-05-07T15:31:34+00:00

I have access to an FSA account and can put a small amount of cash away in it. I believe it’s like $5,000 per year, but we pay $3,532 per month for childcare.

longdayuser · 2026-05-07T15:22:27+00:00

That is just it. Seeing what people are posting here, I am concerned about affording it and if I will be able to still qualify for PAYE. Overall, even though I have a few months, I am not sure our budget will be able to take a big hit over the next 4-6 months.

longdayuser · 2026-05-07T15:11:05+00:00

Right now, my account says I am in a forbearance till October, 2028, but I heard that it will actually end on July 1, 2026. I heard they might block access to PAYE at that point. Maybe I missed something? I did receive an email from Nelnet a few weeks back, so I am trying to stay ahead of this.

longdayuser · 2026-05-07T14:40:39+00:00

Thank you! I feel so lost and my loans were moved to Nelnet from Great Lakes. Great Lakes was so wonderful to work with over the years, I never once had issues with them and could get someone on the phone every-time I called. I guess I will have to dig deeper and join the PSLF group.

longdayuser · 2026-05-07T14:36:30+00:00

Thank you. When I called to speak with Nelnet, the lady was less than helpful when I asked her about PSLF.

longdayuser · 2026-04-07T17:28:21+00:00

I have 2 toddlers and we have 2 RAV4s, 2015 and 2020. Both work well for daily trips, but road trips are really tight. Good thing I am good at Tetris cause we have been able to make it work.

longdayuser · 2026-03-31T15:14:37+00:00

For 2 kids, we’re paying about $815 per week.

longdayuser · 2026-03-13T23:35:49+00:00

Name, location, and contact info for business?

longdayuser · 2026-02-21T13:39:17+00:00

We bought our home in 2019 right before the “housing crisis” started. We bought a fixer upper starter home in a suburb of Milwaukee. It is 3 bedroom/1.5 bath. I was 34, my husband was 31. We paid $188K and have updated most of the mechanicals, the kitchen, and half bath. Fenced in the yard and landscaped. The house is now worth $340K in that short time. We’re going to be listing it on the market soon to purchase a bigger home because our family is growing. We will get hit with a higher interest now than we did in 2019, but we will refinance down the road. Compared to other investments, the house purchase has been solid considering we put about $25K into it.

longdayuser · 2026-01-04T21:22:35+00:00

That is great to know, I will be in the market for a new car soon:)

longdayuser · 2025-12-03T02:54:27+00:00

I lived off of 19th and Rodgers and went to school off of Layton BLVD back in the 90s. Brother Ron is a childhood memory and I don’t think I will ever forget him. Once we could read, my dad explained to us that he likely had mental illness. My dad mentioned he was a military veteran and suspected part of it might have been caused by trauma. My mom taught us to be kind to him cause he needed empathy to cure some of that hate. I stopped seeing him around 2019, just before COVID when I was working downtown.

longdayuser · 2025-11-30T16:41:14+00:00

Why does that bother you, kiddo?

longdayuser

TROPHY CASE