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Reply to "Max house price with $350k HHI"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Personally I would never go over a monthly payment of 25% net monthly income. [/quote] That depends on your income. If you were making $100K net a MONTH, would you still keep your 25% ratio?[/quote] Yes, but I would save more and perhaps spend more and eventually retire earlier. And if I made say $1M net a MONTH I would spend less than 25% on a home, not more. So if anything, the more I earned the lower percent I would dedicate to a home.[/quote]
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