Thanks for all of the information so far.

I guess I do need a financial advisor. I cant really figure out if I can even make the larger mortgage payment and I certainly cant predict what my housing situation will be like in 12 years with the new house.

To add some more information.

The real estate boom is over, there are a lot of houses on the market right now. Last month was the first month the market experienced a decline in price. 15 months ago, houses sold in less then a week now there are many listings that are 90 days old.

I am sure that in 12 years my neighborhood will give me a low quality of life. I don’t think staying is an option.

Maybe I am just getting old and teenagers with loud car stereos that dress like thugs annoy me more then it did 10 years ago.

I don’t know.