What is your PITI and HHI?

[Anonymous]

HHI 100K

Tax and insurance: 11K a year

No mortgage

[Anonymous]

HHI - 280k
PITI - 3.4k
Duel income, 2 young kids, late 30s. Bought in 2020 so 3.75% rate

[Anonymous]

360k, $3k

But we bought in 2015 *and* refinanced during Covid. We couldn't recreate those numbers now, and your numbers seem extremely comfortable as long as you feel confident in your job security, OP.

[Anonymous]

HHI $375k, PITI $2700.

But we bought in 2011 and refinanced twice and have those stellar rates that mean we'll never sell. Your numbers seem fine.

[Anonymous]

HHI $300k, PITI $3900 but we rent our guest house/accessory apartment to a long-term tenant and that completely covers P. So we pay net $1400 for ITI.

[Anonymous]

Hhi 350k one income. PITI is 3300, bought in 2020 (thank god) when HHI was 225k.

[Anonymous]

HHI is $800,000
PITI: 9,000 (ugh - bought 2 years ago)

We are trying to get the PITI down by paying off lump sums of the principal on an annual basis. Hopefully we can eventually recast.

[Anonymous]

Anonymous wrote:I am not sure if ours is high or low - PITI will be $6400 a month and HHI is guaranteed $670,000 with a potential bonus between $100,000-$200,000 a year.

Current PITI is only $4000 a month.

Our HHI is well over 20mil/year. We pay cash.

[Anonymous]

HHI: $650,000; PITI: $3,200

[Anonymous]

Anonymous wrote:HHI is $800,000
PITI: 9,000 (ugh - bought 2 years ago)

We are trying to get the PITI down by paying off lump sums of the principal on an annual basis. Hopefully we can eventually recast.

Wow -do you have many other financial obligations? That seems insane

[Anonymous]

Anonymous wrote:

Anonymous wrote:HHI is $800,000
PITI: 9,000 (ugh - bought 2 years ago)

We are trying to get the PITI down by paying off lump sums of the principal on an annual basis. Hopefully we can eventually recast.

Wow -do you have many other financial obligations? That seems insane

This comment stuck me because we're contemplating a similar scenario, although our HHI is $700. I keep thinking we can do it comfortably, but maybe I need to rethink.....

[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.

My fiancé and I are in this range/slightly higher and we are gonna buy soon and this makes me feel better about the purchase

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI is $800,000
PITI: 9,000 (ugh - bought 2 years ago)

We are trying to get the PITI down by paying off lump sums of the principal on an annual basis. Hopefully we can eventually recast.

Wow -do you have many other financial obligations? That seems insane

This comment stuck me because we're contemplating a similar scenario, although our HHI is $700. I keep thinking we can do it comfortably, but maybe I need to rethink.....

I am the Op - our HHI last year was $835,000 and I am nervous about a $6400 PITI. I could never do a $9000 one. We do have 3 kids in parochial school however which adds up. Plus all the associated things you pay for with 3 kids.

[Anonymous]

$1998/mth
$170K

[Anonymous]

Bought a condo, for $500K cash after 20 years of saving and investing.

HOA Fee + TI = $1,100 per month.

$180K HHI