If your HHI is $250-300k, what is your PITI?
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
|
HHI $250K, PITI $1800
We bought a close-in fixer upper in 2011. |
Anonymous
| $3076 but we have an apartment in our home that brings in $1200 a month. |
Anonymous
I don’t know what extra P means and my rate is about 3.6. Above - I responded what our standard PITI is - 3,000 (up from 2700 last year). For the past 6 years we’ve been paying an extra $400/week to pay off the mortgage in 15 vs 30 years but I felt that info was extraneous to the initial question. |
Anonymous
| $2800. |
Anonymous
Also, we are paying nothing additional in principal. All our extra money is sucked up by kids' college tuition. |
Anonymous
| $3700 |
Anonymous
Did you fixer up? |
Anonymous
|
Is everyone putting 20% down with these numbers?
|
Anonymous
None, our mortgage rate is 2.7%. Why would we? |
Anonymous
I think I put 25% down and bought in 2013 with a 3.6 rate. I don’t think I could afford to live in my neighborhood now. |
Anonymous
|
HHI is $285,000.
PIIT is $2,500 on our primary home, plus $1,400 for our condo at the beach |
Anonymous
We put down under 20% (maybe 15%?) and paid a PMI for a year or two until equity in our gentrifying neighborhood increased enough to remove it. Was NBD. |
Anonymous
Yes we did! She’s about 86% fixered-up. And we could definitely not afford our neighborhood today. |
Anonymous
| $3600 on a 15 year. But we bought in 2013 and refinanced to 2.5%. |
Anonymous
| $4,250, HHI $275K but I lost my job last year and we experienced $65K reduction in permanent income. It's a little tight but we're making it work. |