Anonymous
02/21/2024 14:48
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yeah, we’re at $3300 PITI on a gross monthly income of $21800. So, well under 20%. But after 401ks (two, both maxed), taxes, and medical insurance, we only take home $11,000 per month. So it actually feels pretty tight. We’re going to need to stop maxing retirement next year when our kid starts college.
Anonymous
02/21/2024 14:48
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Everyone is saying mortgage but it's also utilities, HOA fees, maintenance, etc.
My mortgage is 18% of gross pay. The other stuff probably drives it up to 20%.
My mortgage is 18% of gross pay. The other stuff probably drives it up to 20%.
Anonymous
02/21/2024 13:17
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes, we never upgraded, but a small house with a mortgage of around $2K and actively worked to pay it off. I can't imagine some of these mortgages.
Anonymous
02/21/2024 13:15
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes. We’re at ~21% of gross
PITI: $6100 on a 950k mortgage
Total household gross: $350k
Were also maxing 401k’s, IRAs, HSA, putting 5-10k a year each into brokerage, and putting a couple hundred bucks into extra principal payments.
Next up is funding the 529 for future babby, after saving for imminent wedding is done
PITI: $6100 on a 950k mortgage
Total household gross: $350k
Were also maxing 401k’s, IRAs, HSA, putting 5-10k a year each into brokerage, and putting a couple hundred bucks into extra principal payments.
Next up is funding the 529 for future babby, after saving for imminent wedding is done
Anonymous
02/21/2024 13:06
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yep. No mortgage on primary home or vacation condo.
Anonymous
02/21/2024 13:03
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes because our PITI is under $1800/mo. We have a DC crapshack purchased in 2011 but we’ve been able to save!
Anonymous
02/21/2024 13:01
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
…does daycare count as housing? If not, yes. If so, no.
Anonymous
02/21/2024 13:00
Subject: Re:Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Anonymous wrote:PITI is $3K, monthly take home after taxes and retirement is appx $15K.
And, I agree that we intentionally made the decision not to be house poor to have money for other things.
Anonymous
02/21/2024 12:59
Subject: Re:Are YOU able to keep your housing expenses at or below 28% of your gross pay?
PITI is $3K, monthly take home after taxes and retirement is appx $15K.
Anonymous
02/21/2024 12:54
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Anonymous wrote:Yes, we’re at about 10%.
Same. And it's not from skyrocketing salaries - we intentionally bought under the amount we were approved for so that we would have flexibility to earn less or spend in other areas.
Anonymous
02/21/2024 12:53
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes, mortgage $2500, monthly HHI $26k, so 10%ish. I am grateful that either of us could lose our jobs and we could stay at under 30% going to housing.
When we bought it was $2200 mortgage on $16k monthly income, so closer to 14%.
It would be painful to try to recreate that today though.
When we bought it was $2200 mortgage on $16k monthly income, so closer to 14%.
It would be painful to try to recreate that today though.
Anonymous
02/21/2024 12:50
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes, we’re at about 10%.
Anonymous
02/21/2024 12:48
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Yes. Mortgage got paid off before I was 50. Terrible financial decision but I love not worrying about cash flow.
Anonymous
02/21/2024 12:48
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
Anonymous wrote:I can now but remember when it was not the case....
yes
roughly 55k gross monthly income
mortgage 5,600 or 10%
Anonymous
02/21/2024 12:45
Subject: Are YOU able to keep your housing expenses at or below 28% of your gross pay?
I can now but remember when it was not the case....