Here's the problem. Why do they need a 3500 mortgage? Why should they be entitled to a house that expensive if they took in that kind of law school debt? Let

Here's the problem. Why do they need a 3500 mortgage? Why should they be entitled to a house that expensive if they took in that kind of law school debt? Let's say you knock off 1500 of that and just pay rent. That's what my wife and I did and she only has about 400 a month in loan payments. We didn't have kids but let's just leave it there and put it in savings or pay off the loans faster. Let's even leave the 2000 in other expenses. That leaves you at 2800 + 2000 + 2000 = 6800. 8100 if you factor in rainy day savings. You should be taking home more than 10k a month at that income range, even in California with its crappy taxes. It's doable, more than doable. I hate being judgmental or assuming more than I know from their situation but these people just reek of getting overextended and not being able to apply any discipline in their lives. Then again, they're both law students and didn't read the fine print. Would you really trust a lawyer that did that? I wouldn't.