JES, your budget was pretty tight yet you still managed to hit the average american savings rate. You did have an IO loan so you really couln’t afford it even on your spartan budget. The only reason it worked was an appreciating market, now htat is no longer a near term option would anyone take the same risk. What you did was a risk because had you timed it wrong you would have had your loan reset and would have to handle the fully amortized rate, which would have sunk you.
