Reply to Dual income families, what is your HHI?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]bethesda mortgage: 4700/month

me: 125,000
hub:  160,000

one dear boy

painful.[/quote]

I'm the $4,800/month from above.  so glad to see we have some company.  Our incomes are pretty close.  Way I look at it, it will be painful for a few years, but sooner or later inflation will kick in and/or our incomes will rise.  [/quote]

Wow, both of your households are big risk takers. We have an HHI of almost $400,000 and our mortgage payment is only $2,800 (though we pay extra). Even at our income level, there's no way I'd feel comfortable spending almost $5K a month on just PITI. I must be very risk averse.[/quote]

We too have a higher income and lower mortgage, due to the fact that we were [i]lucky[/i] and purchased a home pre-bubble, but I don't see these posters are risky at all.  If they bring home 65% of their income, they still are bringing home $15,430/mo, back out mortgage and they have over 10K left.  Who can't live on 10K/mo???  This is WAYYYYYYYYYYYYYYYYYY better off that the majority of Americans.

Poster-I'd hate to see what you think of the general populace, considering the average Dual HHI is 67k and the average mortgage is $1,400/mo.  The average american family only has around $2,700 left over after they pay their mortgage.  You think having 10K left over is risky?[/quote]

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