What is your PITI and HHI?

[Anonymous]

HHI: 475k
PITI: $4,500. It was $3,800 when we bought in 2014 but insurance has skyrocketed and taxes have gone up as well

This ratio isn’t as great as that of many posters in this thread but we’re comfortable. Maxing out retirement, a lot of other savings, and two kids in private school.

[Anonymous]

HHI 1.2 when we bought in 2020, now 1 mil as I went part time.

PITI: 5150 tax and insurance keep going up. It was $5000when we bought .
20% down 2.4% interest

[Anonymous]

Anyone here with normal incomes?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our piti is zero. Good brag.

So you rent, or evading property taxes and have no homeowners insurance?

No, we own it. We bought a small cheap fixer upper and paid in a bit extra and did things like recast. Paid it off in 18 years. Homeowners and taxes are not a mortgage.

lol ......

[Anonymous]

Anonymous wrote:Anyone here with normal incomes?

Based on my neighbors’ jobs and home prices (nice but not ultra rich part of north Arlington) I’d estimate that the average is $350-400k HHI and $5-6k PITI. Most bought within the past 5 years. I think that is a much more accurate picture than what people post on DCUM.

[Anonymous]

Anonymous wrote:Anyone here with normal incomes?

Since people on DCUM seem to think anyone with an HHI less than a quarter mil are paupers they'd cross the street if they saw walking towards them I'm going to say no.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone here with normal incomes?

Based on my neighbors’ jobs and home prices (nice but not ultra rich part of north Arlington) I’d estimate that the average is $350-400k HHI and $5-6k PITI. Most bought within the past 5 years. I think that is a much more accurate picture than what people post on DCUM.

Cass in point, the average salary in this country is like $60k. So someone well clear of the top 10 percent isn't normal. It may feel normal because it isn't the top 1 percent, but lots of people even in this region earn less. And lots of UMC people earn less. This site just skews extremely wealthy.

[Anonymous]

PITi 13k,HHI $1.1m

[Anonymous]

Anonymous wrote:Anyone here with normal incomes?

Seriously. The higher the income, the lower the piti for all these rich people. 🙄

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone here with normal incomes?

Based on my neighbors’ jobs and home prices (nice but not ultra rich part of north Arlington) I’d estimate that the average is $350-400k HHI and $5-6k PITI. Most bought within the past 5 years. I think that is a much more accurate picture than what people post on DCUM.

This is my experience in N Arlington too

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone here with normal incomes?

Seriously. The higher the income, the lower the piti for all these rich people. 🙄

All it means is that we bought a long time ago and didn't give into societal pressure to trade up. You don't have to buy a more expensive house just because your income goes up, contrary to popular belief.

[Anonymous]

We pay cash for our houses. HHI is in the top 5%.

[Anonymous]

HHI $340k
PITI $4.6k

It's a little tighter than I'd prefer, to be honest, but we netted about $450k profit from selling our previous house, which we invested all of except the 20 percent down payment on the current place. So if we have to pull a bit out of that savings every now and then, I don't worry about it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Anyone here with normal incomes?

Seriously. The higher the income, the lower the piti for all these rich people. 🙄

All it means is that we bought a long time ago and didn't give into societal pressure to trade up. You don't have to buy a more expensive house just because your income goes up, contrary to popular belief.

You can still trade up and have a low PITI. We were able to put more money down on our next house and our new mortgage was about the same as what we had left on the one. Except with a better interest rate because it was 2021.

[Anonymous]

Anonymous wrote:HHI: $1.5 million
PITI: $2,000

Just kidding, but these are the types of responses you will get that bear no relation to the average person’s financial situation in the DMV if they bought within the past 5 years. A bunch of boomers flexing there 20 year old mortgages.

Boomers? I'm a millennial with a 20 year old mortgage.