> with 4k-5k/month for a mortgage on a home (30 year loan) + ~1k/month in property taxes.
That’s if you’re buying $1.3M house. There are plenty of good houses to be had in Seattle for $900k.
Re:Tech compensation in 2021
by f3d46600-b66e on Friday October 15, 2021 @01:24AM
(#28874600)
I haven't been looking, but i was under the impression that you could have some ... Last year, not in the recent months?
Maybe you are right, then the math changes, but only slightly?
I own a 1500 sq ft townhouse that I bought in 2017 for $480K with $80k down (all from RSUs, which if I had kept in AMZN would be worth... a lot more). My mortgage (refi'd in 2019) + HOA + taxes are $2500 a month.
Add two kids, each 2k/mo/child in daycare.
That's 7k/month extra.
Still leaves you a nice chunk though.