Originally Posted by heapchk

Yes. I thought I'd save money when I moved to the suburbs -- but no, actually paying more here. However, my house is much much much larger than my new york city apartment so I do get more in return. And I'm not even considering paying for private school here, whereas I would probably be doing that in the city, so if you factor that in, then you do save money in the suburbs...

Originally Posted by Pandermonium

Did you Mean their public schools are better than every othet private schools? The public school here has 10 1st grade homerooms, more than a little overburdened. Chappaqua parents are telling me their kids have no homework, and the advanced kids arent challenged. I feel education as extremely important, and no old money here sadly. Though it would be nice. Maybe in High school the public schools start to outperform, but they need a solid base to get there.

I see people driving

Originally Posted by mlamb93

You are putting yourself at a massive disadvantage in the current rate environment. Yes, if you put 60% down, your monthly payment will be lower. But you will have less cash in your checking account. Inverse holds true in a 20% down payment scenario.