We have found a house that we love! 2 acres backing up to 150acre preserve with trails, just gorgeous. Price is $550,000. We could put down $300,000. So mortgage would be $250,000. This comes to around $1350 a month for 30 yr loan. Bad part is taxes will be $1000 a month - wow! Is this too much to handle if we are bringing in $125,000/yr. No debt and retirement maxed. It wouldn't leave much for extra savings, but I think it would be worth it. Other family members think we can't afford it. Is this to risky an investment for us?