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Reply to "Income $176k — how much would you spend on mortgage now?"
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[quote=Anonymous][quote=Anonymous]If you believe your income will go up and you Have no other debts, I’d be fine with 3700 or maybe even 4000. This assumes simple vacations, used cars, public school for the kids, etc. it is about what you want. There are a lot of people on this forum that believe you should go more than 2500 but then turn around and have 1200 in car payments.[/quote] We make $300k with a PITI of $4100 and I think it’s fine but wouldn’t spend more. $4000 at $176 strikes me as insane and I’m routinely lambasted in this board for being way over extended.[/quote]
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