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Reply to "1.6MM home- how much would you want to be making?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The assumption is that you're paid once every 2 weeks. Hence 26 payments per year, not 24.[/quote] When our mortgage is due, we don't get to count on that partial payment of the 2 extra pay cycles. We count on the 2 paychecks we know will hit our account.[/quote] Good for you. But i don't think that most people earning 300k are living paycheck to paycheck...[/quote] Actually OP sounds like they will be living paycheck to paycheck. One paycheck won't even cover the mortgage. He will need part of the second paycheck to cover the mortgage alone.[/quote]
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