What percentage of your take home do you spend on your mortgage & tax every month?
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Anonymous
| PITI is 14% of gross, 22% of net |
Anonymous
| About 40% of net, but that's partly because i have so many things taken out of my gross pay, like 401K and child care FSA and commuting expenses. I'm a single mom, so if I lost my job I'd have to sell the house after 6-9 months, but we have a ton of equity in North Arlington so we'd be ok. |