I’m in the same boat as you OP. Have a house that works for us but every once in a while we get intrigued by bigger home with more features. But I have a 2.25% mortgage with less than 10 years left and my mortgage payments are around $1k per month. It would be incredibly hard to pull the trigger on a house in the $800k to $1m price range even though I know all the “numbers” say we could afford it.
At the end of the day, I would rather be able to spend on anything else (mainly travel) and not have to worry about keeping to a strict budget. Keeping our fixed costs low gives me the confidence to not worry about the occasional extra trip, new bike, etc.
At the end of the day, I would rather be able to spend on anything else (mainly travel) and not have to worry about keeping to a strict budget. Keeping our fixed costs low gives me the confidence to not worry about the occasional extra trip, new bike, etc.
Statistics: Posted by shockwavesfan — Tue Sep 03, 2024 8:21 pm