momar wrote:I don't think you understand what "living paycheck to paycheck" means.
hand wrote:Two pieces missing from this puzzle:
1) What are your annual expenses beyond the $100k in savings you identified
2) What debt do you have other than the mortgage (credit cards, car loans etc.)
blackstone wrote:Also consider getting two loans rather than one. A 30 year conforming loan + an add on ARM. In some situations this works out better.
TRC wrote:Does preschool cost 55k?
I don't think Preschool and kindergarten are critical to be in the "top ranked" school systems in your state. We're talking coloring and finger painting here...