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Am I over-extending myself with this mortgage?
Am I over-extending myself with this mortgage? My wife and I are looking to purchase a home, but I am worried it is too much. Ages 33 and 30. Current finances: Cash for Down Payment - 180k Retirement accounts: 135k Debt: 25k car loan No CC debt Current income - 185k combined (pre-tax) The mortgage company was happy to approve it. However, I am unsure. Home sale price - 750k. Am I crazy or is...
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