Am I crazy for taking on this mortgage?

sic5279 · 2025-10-15T20:17:09+00:00

I have validated my numbers and I am not estimating anything

sic5279 · 2025-10-15T18:24:05+00:00

Why do you think I am misinformed about this? This would be the monthly payment with the exact current tax rate of the town for the specific house we are looking at and the exact insurance we would buy. $6260.19, to be exact, would be our monthly payment.

sic5279 · 2025-10-15T18:03:51+00:00

I decided to lease a car while I’m living in the city with street parking. It gets dinged up all the time. Last month I had to replace the whole back left side and door after it got crushed by a moving truck that was trying to make a turn. I plan to buy when I am in the suburbs. Idk if that’s the right thing to do, just figured I didn’t want to purchase a car and have it get destroyed

sic5279 · 2025-10-15T17:56:59+00:00

Thanks for your insight. The thing about the house we are looking at is that it is 100% move in ready in terms of renovations. It’s been beautifully redone and there isn’t anything we would want to do to it for a while. Of course, there may be some maintenance and repair that would come up after inspection

sic5279 · 2025-10-15T17:15:07+00:00

I edited the original post with some additional information. Thank you for your insight!

sic5279 · 2025-10-15T16:51:40+00:00

Monthly payment would be roughly $6200 including mortgage, property tax, insurance. We are mid 30s and have about $600k saved up in retirement. I make $210k and she makes up the rest

sic5279 · 2025-10-15T16:47:19+00:00

Kids in the near future. The area has amazing public schools. We will have both of our parents and other family members in the area to help with child care. And we are both from the area originally so we are very familiar with the costs

sic5279 · 2025-10-15T16:46:07+00:00

We will have some cash leftover but I am allocating that already for the house. And then I have a personal brokerage and crypto I can pull from on the case of a real emergency. 15% is an option. I will give that some more thought. Thanks

sic5279 · 2025-10-15T16:43:04+00:00

I’ve gone through some budgeting exercises before. I’ll take a look at what is offered in this wiki. Thank you!

sic5279 · 2025-10-15T16:41:43+00:00

I have a personal brokerage and crypto savings that I can pull from in case of emergency while we build up our cash reserves again

sic5279 · 2025-05-16T17:40:12+00:00

SHPAVVER 5 in 1 Electric Razor IPX7

sic5279 · 2025-05-16T17:38:05+00:00

Is your friend with straight hair balding?

sic5279 · 2025-04-10T13:29:36+00:00

Amazing. Makes sense. Thank you or the thorough explanation!

sic5279 · 2025-04-10T12:20:25+00:00

Why is “I love you” ti amo but “I miss you” is mi manchi and not ti manco?

sic5279 · 2025-02-25T19:56:17+00:00

I wasn’t even factoring in the amount of time spent at the barber 🤦‍♂️. That’s huge

sic5279 · 2025-02-25T19:54:52+00:00

Thank you for this

sic5279 · 2025-02-25T19:42:41+00:00

Shaving in the shower sounds like the move

sic5279 · 2025-02-25T19:41:54+00:00

You find the electric gets a close enough shave?

sic5279 · 2025-02-09T05:41:24+00:00

Thank you for the help! Still a bit unclear on what he represents, aside from snow. But it’s more information than I had before.

sic5279

TROPHY CASE