Originally Posted by
1Seat 1Engine
Do the math: $100,000 a year is $8333.33 a month.
Payments on a $300,000 loan might be as high as $2200 a month (PITI)
You think someone could survive on the remaining $6100 per month? <sarcasm should be obvious>
I've almost never made over $100,000 a year in my life and will make significantly less than that now. Wife does not work. I live in a >3000sq foot house in a very nice neighborhood. 4 kids; college, Army, High School. I drive a paid off lexus.
Not trying to brag but according to some of you guys, I'm a hillbillie in a trailer park. I think you need to rethink your budgets.
Sorry, can't resist..
I'm still trying to figure out how you managed to get around the $25,000 in taxes...