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Someone made the comment on tax impact of withdrawl from retirement. It's a point I missed completely. Y ou should do an after-tax impact analysis. If you can qualify for a bigger mortgage and taking less from your retirement account, consider doing it. Stretching is okay at your age with two incomes. Just do less Starbucks, less M2s (haha)....
Another key factor is mortgage rate. If you have a low rate now, you may want to keep your current house just because of the low rate. If it's in the 3-4% range and the current rate is 71/2%, that's a huge negative impact.
To realize your dream, it may be worth it anyway. Just do your homework so you are not surprised.
Again, good luck!
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