High PITI (5k+) only, what are your stats?

Anonymous
We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.
Anonymous
It’s 15% of your gross income. I’m not sure what you’re concerned about.
Anonymous
You are fine. You make a ton of money.
Anonymous
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.


Troll or clueless.
Anonymous
Anonymous wrote:
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.


Troll or clueless.


+1
Anonymous
Our PITI is $4k which I think is still pretty high (compared to other numbers I see on here).
Ages: 32, 30
Kids: None
PITI: $4k
HHI: $265k
Retirement savings: $400k
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.


Troll or clueless.


+1

+2
Very lame, OP.
Anonymous
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.



DMV collectively is HCOL!
Anonymous
3.85 thru 11th grade
Anonymous
Anonymous wrote:
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.



DMV collectively is HCOL!


...not everyone here is from the DMV
Anonymous
Our HHI is the same and our PITI is $3,900. This is very comfortable for us. I would not be comfortable with $6k even though we could technically ‘afford it’. I like going on nice vacations and saving for retirement and 529s too much.
Anonymous
Anonymous wrote:Our HHI is the same and our PITI is $3,900. This is very comfortable for us. I would not be comfortable with $6k even though we could technically ‘afford it’. I like going on nice vacations and saving for retirement and 529s too much.


Which exurb do you live in
Anonymous
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.


Is this a 30 year mortgage or 15?
Anonymous
HHI 550-600

33 & 30

6100 PITI

1.1M + between 401ks and Brokerage

One kid on the way
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.



DMV collectively is HCOL!


...not everyone here is from the DMV


Then why post in a DMW focused forum?
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