Out of curiosity, what is your mortgage payment as a percentage of your gross HHI
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Anonymous
|
I believe this is much more useful than just a mortgage figure.
Ours is 15% |
Anonymous
12% (payment includes the tax and insurance escrow--guess it is about 10% with just mortgage part. It's a 15-year note.). Was probably 15% of gross when we bought...incomes have gone up a lot. Yes, we are super conservative and bought well below what the mortgage brokers said we could afford. |
Anonymous
| 15% - Man, we should have more spending money at the end of the month. |
Anonymous
| 31% |
Anonymous
| PP- the 31% is net, not sure about gross ... |
Anonymous
| That knocks it down to 20% when I adjust it for gross HHI. |
Anonymous
| 20% PITI. That's actually less than I'm comfortable spending, but we have another large chunk going to daycare. |
Anonymous
|
8%
But right now we are paying 44% of our net, as my husband wants to get rid of it in 3 more years! |
Anonymous
| Our net is probably close to 60%, but max out any retirement account we can get our hands on, so the number doesn't bother me. |
Anonymous
| 25% |
Anonymous
| 17% of gross HHI |
Anonymous
| 63% of net income |
Anonymous
|
27% with tax and insurance.
That seems like a lot, but we max 2 401Ks and have a dependant care account so that takes a lot out of pre-tax income. |
Anonymous
| 19.3% of gross. |
Anonymous
| 19% |