How much do you think the typical $1M home purchaser makes?

Anonymous
Current takehome is one factor, but you also need to look at expected future income. I'd be nervous about counting on big raises, but the opposite happens a decent bit in this area given the #of folks in Biglaw.

Our HHI is currently about $650k, but there is a good chance it could drop to 400k, maybe less. I wouldn't feel comfortable getting a mortgage based on the higher number. If I make partner and my income goes up considerably we could always decide to upgrade at that point.
post reply Forum Index » Money and Finances
Message Quick Reply
Go to: