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Reply to "What % of your income goes towards your mortgage?"
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[quote=Anonymous]HHI is around $390K and our monthly mortgage is $3900. So we are doing about 12% of gross income. We stopped renting out our basement apartment during the pandemic ($2200/month). If we resume that, our monthly out-of-pocket cost for housing is like 4% of gross. Basement units are amazing. So many dumb tax breaks. [/quote]
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