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We are facing a question on what to do with our home.

So for background, we bought this house in May of 2024.

And at the time, our take home was about 10,000 a month and our mightfully payment

was between 25% and 30% as y'all would suggest some things have changed our life since then

primarily we have a new baby so she's four months old and my wife is going to part-time instead

of full-time so our take-home pay is going from the $10,000 down to about $7,000.

This makes our monthly payment be around 40% of our take-home.

And we've also had a few other new circumstances, such as like our neighbors have completely gone off the rails it seems

and we're really considering moving both to lower our monthly payment as well as to

maybe get into a slightly better situation.

We have identified three options that we would like to do.

So the first being to stay where we are and refinance when rates drop

and try and just lower that monthly payment,

maybe even recasting our mortgage because we have a fairly significant amount of cash liquid right now that we

could put a significant down payment on there to lower the monthly payment or to

move to a smaller situation where we'll have that around that 25%.

Okay, you make seven, how long before you make 10?

Probably in its four to five years, three to four, maybe.

Okay. What did your wife do for a living? So she is in data analysis. She works for an

agrochemical company, and so she does that from home, which has been very convenient

...