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Reply to "How much take home pay would you personally want to buy a $1.5M house right now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We make 400 and are very comfortable with our 4,200 mortgage on our 1.2 house.[/quote] How in the world did you pay so little? to get a $4200 PITI on $1.2M you need a 1% rate assuming 20% down??[/quote] NP. I'd point out they said their *mortgage* was $4200, not that it was the PITI. my payment on 1.4m is $5600, but taxes and insurance are separate. our PITI averages out to around $7100 for a now-approximately $2m house, HHI is ~$400k. [/quote]
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