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Reply to "If your HHI is 250k...how much is your monthly mortgage?"
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[quote=Anonymous]When I was 32 I took out a $375k mortgage with a $78k income. I can't remember the payment, maybe $2750? Had a basement rental @$1100. I was single, no kids, it was comfortable. 20 years later, income has grown to $200k, have moved a few times, got married, had kids. Still owe $200k on a mortgage, but own about $2 million in real estate. Trying to say: the amount of mortgage you take out depends on where you are in life, and where you will likely go. [/quote]
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