Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "If you purchased your home after 2005, what % of your income is your mortgage?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]PITI is 12.7% of HHI with a 15 year mortgage, bought in NW DC in 2003. It was 31% (with a 30 year mortgage) of my income when I purchased. So many factors changed:My salary doubled, got married (now dual income), RE taxes skyrocketed, had a child so add childcare expenses. So we've been all over the place in terms of %. OP, I recommend to buy on the low side of your purchase power, as long as that gets you safe with good school options. It's very stressful to have to watch every penny and get bowled over by unexpected expenses. DC is going to a charter school this year so it will be nice to have expenses reduced. But, if we need to do private, then we can. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
