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Reply to "How much mortgage at 400k HHI"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So your take home is about $15k a month? I wouldn't do more than $5500 a month.[/quote] This is really interesting. We bring home about $18k a month with rental income contributing part of that. Our total mortgage related debt is $6300. We have a nanny for one kid and one in school. We do tithe so that takes up 10 percent of our income. Maybe it's the multiple repairs on various properties but I feel things are a bit tight right now for us. Yes we max retirement and save for kids college but I wouldn't choose this amount of mortgage on this salary if I had the choice.[/quote] Your budget is tight bc of the nanny/tithing 10 percent combo. [/quote]
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