Macho, may I suggest going into a smaller home or moving? Believe me, I have a similar situation out here in Seattle (no divorce no kids, but lots of debt largely related to graduate school). It will be awhile before I buy something.
I had to take whatever I could grab, in the same sq mile for the schools(all different) that my 4 kids attend. If I didn't, the judge could and probably would award primary physical custody because she gave him the house that we lived in for 17 years.
I got a house almost 1/2 the size of our marital home, took the family room (no living or dining room, only 1200 sq ft. for 5 people) and made 1/2 of the family room into another room for my youngest child.
Can't get too much smaller than that. Have to have 2 bathrooms, I have 2 girls and 2 teenage boys to get ready for school. Thanks for the concern.