2450 includes PITI

3200 PITI

250k HHI

1900 PITI

We are behind on saving for college and would like to retire early, so small mortgage works best for us!

Anonymous wrote:Our HHI varies year to year but is generally in the neighborhood of $200k anymore, more or less. Our mortgage - including everything - is $2400/month.

Very similar to me, except our mortgage all in is maybe 2000$ now after refinancing.

Our HHI varies year to year but is generally in the neighborhood of $200k anymore, more or less. Our mortgage - including everything - is $2400/month.

We stretched, 4600 PITI when we made 250K with two years of daycare left. It was very tight, particularly because our older home has needed near-continuous repairs, but now our income is 355K and it's comfortable. So take income projection into account.

I think this depends with daycare costs and or other debts you have.. Of course spending habits matter too.

We have around 220k HHI and looking around 3500.

$2k including taxes.

HHI was lower when we originally bought. Now we are just north of $250k. The low mortgage allows us to travel and not worry about money. $3k would be do-able, but then we wouldn’t travel as much…and that wouldn’t be fun.

$2700 PITI.

$270 HHI
$2300 PITI

We are also paying $2k/month for private school though. If that expense were off the table I’d be comfortable going slightly higher.

$3400 including taxes and insurance. 15 year mortgage, no college costs

2600

It was about $2K with insurance and taxes but after a refinance and recasting its maybe $1300.

Anonymous wrote:

Anonymous wrote:We have a similar income. Our PITI was $3850, with 2 kids in daycare. It was manageable but it felt too high. We were able to refinance and drop the PMI last year and now our PITI is $2800. That 1k monthly savings really makes a difference and I feel much more comfortable.

Your PMI was $1000 a month? I got quoted a PMI of 150ish on a 800k loan with 10percent down… of course they said the whole sheet is just an estimate. Am I in for a big surprise? Is PMI really usually that high?!

No, our PMI was about $300 and with the lower interest rate from the refinance, we were able to lower our monthly payment by $700 and eliminate the $300 PMI. Total savings was 1k.

HHI 250k, Mortgage is $1000. Doesn't include taxes and insurance though because I pay those outside of escrow.

I think we'd be okay paying about 3k a month. We consider our low mortgage a form of life insurance. Either of us could easily pay it on one salary and it's a large home to raise our 3 kids in.