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Reply to "Out of curiosity, what is your mortgage payment as a percentage of your gross HHI"
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[quote=Anonymous][quote=Anonymous]I believe this is much more useful than just a mortgage figure. Ours is 15%[/quote] 12% (payment includes the tax and insurance escrow--guess it is about 10% with just mortgage part. It's a 15-year note.). Was probably 15% of gross when we bought...incomes have gone up a lot. Yes, we are super conservative and bought well below what the mortgage brokers said we could afford. [/quote]
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