$120k USD = $169,125.60 CAD
Say the wife makes more... We will say $175k CAD
So roughly $350k CAD combined before taxed.
House cost $1.3M CAD = $922,391.41 USD - so basically $1m USD
House Payment is $2,800 CAD ($1986 USD) or $2800 USD ($3,946.26 CAD)?
I feel like anything you say is in CAD...