<prompt> Human: I live in the US. My home has appreciated tremendously in value. I have approx 1M in equity and a 400k loan at 3.15. I have approx 500k all in stocks in various retirement and other investment accounts. I have no other debt.My wife is about to give birth to our first child i am 33 and cease working. My annual salary is about 150k. Should I consider taking on additional debt on my home at low interest rates and invest in another vehicle, such as a commercial real estate private equity fund?  <response>: Um, no.Here are two options.1. Downsize - no house payment2. Do nothing.As a side note. I remember when my wife was pregnant. I freaked out also. Children are nowhere near as expensive and you think they will be.as long as you have health insurance and a reasonable amount of cash in savings you will be fine. 