Anonymous wrote:

Anonymous wrote:PITI is $2200

More info, 250k HHI and we save a good amount. max 401k and Roths, put a bunch in 529s. 3 kids. House was $500k, we purposely bought less than we could afford because we didn't want to be house poor.

You must not be in DC.

Our was around 4800 including insurance and taxes.

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.

HHI a little higher. PITI now about $3K. But it was probably $2.5K at purchase (a few refis ago) and HHI was more like $150K. It was good to have a cushion for repairs etc.

Totally agree that what is "comfortable" depends on what other expenses and resources you have.

We're lucky -- bought originally on one salary <$100K in 2009. So we've refinanced a few times, and now our PITI is $1250. However, our house was $350K when we bought it, and now we make more than that.

Anonymous wrote:PITI is $2200

More info, 250k HHI and we save a good amount. max 401k and Roths, put a bunch in 529s. 3 kids. House was $500k, we purposely bought less than we could afford because we didn't want to be house poor.