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You’re definitely fine but i would consider your job security.
I think you should be fine. But my husband and I are in the same boat and we refuse to spend that much. Especially because daycare for 3 kids is like 75k in that area. We are in the same area
Yes, we have two young kids with a nanny, one goes to a private preschool! Our logic is that we will save some childcare costs in the burbs with an au pere (as opposed to a nanny) and eventually public schools
I was you four years go, a bit lower in NW. We bout a 1.3M home, but we've kind of outgrown it. It's "just enough". I wish we'd bought a little bigger, because we would have grown into the higher mortgage, but hindsight is 20/20, and it's hard to say I would have stayed risk averse if then-me had to do it over without hindsight. But I wish we'd stretched a little further since we would have grown into it.
How old are you and spouse? And what's the VR/FR interest?
37 / 34. Interest rate around 6.5 percent.