How much is your mortgage payment?

[Anonymous]

$4600 total. Bought in 2014, no refinancing. It was a stretch when we bought it, but it’s now very comfortable for us. I have sympathy for current buyers.

[Anonymous]

$3,750, HHI $265K. Thought our payments were pretty low but I guess not compared to other PPs

[Anonymous]

$1200, maybe less but we have refinanced and recasted and almost paid it off. We pay $2K but a good chunk goes into principal.

[Anonymous]

$4000 PITI, $265k HHI. SFH, bought this year for $850k.

[Anonymous]

PITI $2,700 on a $407K home with 3.5% down and $150K joint income. No debt.

[Anonymous]

$3700, evenly split 50/50 between PI and TI.
350k HHI

[Anonymous]

Anonymous wrote:Wow. I am a new poster and these seem so low. We currently pay $3200 (including Insurance and tax). We have 12 years left.

We are looking for a bigger home and expecting the monthly payment to double to $6500.

Combined we earn $350K.

It depends on your interest rate, taxes, insurance and your house cost. You probably bought a more expensive house.

[Anonymous]

OP it's impossible to gauge what you can afford by crowdsourcing what others are doing. No two financial situations are the same. Someone could also be paying 100k in private schools/nanny/daycare, or 25k a year in student loans, or paying off a car etc.

[Anonymous]

$3000 PITI

$220k hhi

[Anonymous]

Anonymous wrote:OP it's impossible to gauge what you can afford by crowdsourcing what others are doing. No two financial situations are the same. Someone could also be paying 100k in private schools/nanny/daycare, or 25k a year in student loans, or paying off a car etc.

Yes we all know that. This isn’t the full detailed picture but it’s a picture.

[Anonymous]

$2014 a month on a household income of $180,000

[Anonymous]

$7500/month. We make $650-750k HHI in stable jobs. No other big debts, our nanny years are over and kids go to a great public school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP it's impossible to gauge what you can afford by crowdsourcing what others are doing. No two financial situations are the same. Someone could also be paying 100k in private schools/nanny/daycare, or 25k a year in student loans, or paying off a car etc.

Yes we all know that. This isn’t the full detailed picture but it’s a picture.

OP didn't even ask about HHI. Just listing the mortgage amount alone means absolutely nothing. Of course even with HHI it's not hte whole picture, but it at least gives some context.

[Anonymous]

Anonymous wrote:$3,750, HHI $265K. Thought our payments were pretty low but I guess not compared to other PPs

Pretty similar: $4,250 and HHI $270K. Ours is a 15-year mortgage.

[Anonymous]

We have about $2200 PITI and $350 condo fee--so $2550 total. Income was about $200k when we bought 9 years ago and is closer to $400k now, and of course condo fee is higher now than it was.

I know we can afford more but I can't wrap my head around the $6500 payment that someone else with a similar income on this thread mentioned. I like not having to think too hard about money, and while we could make a payment that high we'd have to watch everything else. Not worth the tradeoff for me but I can see why it would be for someone else.