$2609 monthly for everything and $800 hoa yearly. We bought before the prices went crazy and put 20% down.

$1800 (not including property taxes, we pay separately.). This is upperNW DC, small rowhouse.
HHI- $330k

$3000 PITI on $225k HHI. Bought in 2019 and have about $300k of equity in house worth $850k or so.

$6700 PITI. Around $700K household income

Anonymous wrote:

Anonymous wrote:Wow. I am a new poster and these seem so low. We currently pay $3200 (including Insurance and tax). We have 12 years left.

We are looking for a bigger home and expecting the monthly payment to double to $6500.

Combined we earn $350K.

Join me in my barely updated small 1961 ranch in an undesirable neighborhood and you too could have a cheap mortgage!

I’m not the pp, but when did you buy? I too have a small 1950s ranch in a meh (albeit close-in) neighborhood, and my mortgage is $4k. Half-decent SFHs inside the beltway start around $800k.

$8500 PITI on 850K-1M HHI (and $4-5M in liquid assets).

We live in the Bay Area so this is for a small, dated starter home in a nice/convenient neighborhood.

Most numbers on this site are low for NW DC, Bethesda, Arlington, McLean. In those areas, for those with mortgages, you're usually starting at 5K not including escrows. A million dollar mortgage at 3% (30 year) is $4,216. Rates are currently almost 6%; you're looking at almost $6K at that rate. That, by the way, is why homes are sitting on the market (and will eventually be reduced.)

Anonymous wrote:Wow. I am a new poster and these seem so low. We currently pay $3200 (including Insurance and tax). We have 12 years left.

We are looking for a bigger home and expecting the monthly payment to double to $6500.

Combined we earn $350K.

Join me in my barely updated small 1961 ranch in an undesirable neighborhood and you too could have a cheap mortgage!

$900

$1200; bought in 2005.

OP not sure this thread helps you.

People do different things with mortgages. Everyone has different monthly expenses.

I would hate to be house poor. For us, we always buy less of a house than we can afford.

This strategy has served us well.

We're at $2100 PITI with a HHI of $250k but we have a lot of property maintenance costs on top of that.

$5,500.

$3,500 mortgage. HHI $650K. Also refinanced for shorter term (15 yr). Home purchased at $600K. Valued around $900K.

We pay $3,300 PITI and have 10 years to go. We did a cahs out refi a few years ago to help with renovation costs, and moved from a 20 to a 15 year mortgage, without increasing what we owe the bank.

Home value is about 1.2m and we have about 275K left on our mortgage.

Combined income about 400K.