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Real Estate
Reply to "If you purchased your home after 2005, what % of your income is your mortgage?"
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[quote=Anonymous]16% of our gross (not net) salary. We purposefully bought less house than we qualified for because we wanted to leave open the option for private school tuition, while maxing out retirement, saving for college, etc. Of course, this percentage would slide depending upon your salary. It's much harder to spend a smaller percentage on house if your salary is on the lower side.[/quote]
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