How much is your mortgage payment?

[Anonymous]

$4800 PITI. HHI just over $400k

[Anonymous]

$2200 (piti)
360K HHI
We live in a bit of suburbia in Alexandria

[Anonymous]

$6,200 (PITI)
$450K HHI

[Anonymous]

$8900

[Anonymous]

$4600 Piti
Five years left. What does it feel like to have your mortgage paid off? I’m counting the days..

[Anonymous]

Zero. Paid cash
340 HHI

[Anonymous]

180-200ish income, 345 house, 15% down, 1750 payment - about ten years ago. No daycare payments at purchase but two after. One car payment regularly. Paid off student loans during this time. Very comfortable. Invested a lot into that house.

265ish income, 800 house, 20% down, 3750 payment - this year. Still two daycare payments. No other debt. Still comfortable although certainly different.

[Anonymous]

Anonymous wrote:~10,000. But, we rolled the mortgages of a couple of rental properties into our primary mortgage and got a very low rate. Rental income is ~8000/month. HHI is 900K and primary residence is ~3.4M.

Can you share how to roll rental property mortgage into primary residence? Sounds like too good to be true!

[Anonymous]

All of this is irrelevant unless you understand other debt, savings, etc.
I may have a $2k mortgage and a million dollar HHI but straddled with 400k in student loans, 5 kids in private school, a bunch of car loans, etc. (I don't btw, but I know others who are)

[Anonymous]

Anonymous wrote:

Anonymous wrote:~10,000. But, we rolled the mortgages of a couple of rental properties into our primary mortgage and got a very low rate. Rental income is ~8000/month. HHI is 900K and primary residence is ~3.4M.

Can you share how to roll rental property mortgage into primary residence? Sounds like too good to be true!

They probably did a cash out refi on the primary home. To do that, they needed a lot of available equity in the primary home.

[Anonymous]

2300, incl taxes and ins. 410k hhi. MD burbs.

[Anonymous]

$6700 and our HHI is probably $350-$400. Yes, it's high. We put ~40% down on a $1.3M house with a 15 year mortgage. We'll be done paying it off around the time DS goes to college. We also have a rental property that is fully paid off (worth about $600k) so I see that as leverage if things go sideways.

[Anonymous]

$1900 with an HHI of about 150k

[Anonymous]

7200

[Anonymous]

I think it would be more informative if people said what their HHi was at the time they purchased their home and the PITI. It’s obvious many of the posters here are older who bought many years ago so it’s misleading to say you make 500k now and your PITI is 2k…