[kory]

Even if I do retain a profit when selling, we’re going to be trading down to a worse house. Payments for the same house now based on the Redfin estimate and current interest rates are more than double.

Given how bad the tech sector is doing now that the real world is back post lockdowns, I’m not comfortable taking on that much more of a payment.

[bombcar]

Yeah, but don’t forget to take in all variables (total cost of ownership as it were) - the mortgage is one factor, taxes, schools, commute all play into it.

Moving to a more expensive monthly payment in a school district where you don’t need to send kids to private school to get a good education can save thousands of dollars, for example.

But I know how it is. I had an underwater house in CA for 10+ years before I could refinance.