- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
What % of gross annual income do you pay in Rent/Mortgage?
Posted on 12/13/15 at 11:01 am
Posted on 12/13/15 at 11:01 am
Curious to see what % of gross annual income people are paying for rent/mortgage, as I am moving soon and my rent is going to be a good bit higher.
Interested to see if I am spending more or less compared to others.
% of gross annual income going to rent : 18.5%
City: Dallas
Type: 4 bedroom house (3,950 sq. ft)
Interested to see if I am spending more or less compared to others.
% of gross annual income going to rent : 18.5%
City: Dallas
Type: 4 bedroom house (3,950 sq. ft)
51
Posted on 12/13/15 at 11:13 am to Bearded_Chow25
I calculate my monthly budget based on take home pay. Mortgage including escrows for tax/insurance is around 22%. Sometimes feels like it is too high of a % though.
BR, 2200sqft 4 bdrm
BR, 2200sqft 4 bdrm
This post was edited on 12/13/15 at 11:14 am
Posted on 12/13/15 at 11:14 am to Bearded_Chow25
About 3% - 5%
Birmingham, alabama
Small house in middle class neighborhood.
Birmingham, alabama
Small house in middle class neighborhood.
Posted on 12/13/15 at 11:18 am to Bearded_Chow25
Mortgage, 9%
Posted on 12/13/15 at 11:24 am to HeadyMurphey
8%, thats mortgage, property tax and insurance
Posted on 12/13/15 at 11:26 am to Bearded_Chow25
25% 
Posted on 12/13/15 at 11:26 am to Boh
about 23% to rent in Boston, MA. Rent is insane here though... and buying is even worse.
Posted on 12/13/15 at 11:37 am to Bearded_Chow25
% of gross annual income to mortgage: 2.5%
City: Lafayette
Type 3 bed 1,280sqft
City: Lafayette
Type 3 bed 1,280sqft
Posted on 12/13/15 at 11:38 am to theoldwiseone33
Zero
Northern Virginia
5 bedroom, 3900 sq ft
Northern Virginia
5 bedroom, 3900 sq ft
Posted on 12/13/15 at 11:38 am to Bearded_Chow25
12.5% including taxes
Uptown
1,600 sq feet
Uptown
1,600 sq feet
This post was edited on 12/13/15 at 11:39 am
Posted on 12/13/15 at 11:50 am to Bearded_Chow25
18% in NYC. Sucks but that is life. Now if you include bonus/expense reimbursement which is on the generous side it is probably closer to 15%.
Posted on 12/13/15 at 12:02 pm to Bearded_Chow25
22.3%
Chicago
1800 sq ft apartment
Chicago
1800 sq ft apartment
Posted on 12/13/15 at 12:19 pm to theoldwiseone33
quote:
% of gross annual income to mortgage: 2.5%
With numbers that low, I have to assume you put down a huge downpayment which skews the numbers significantly.
You'd have to have a 200k salary and a $420/mo note on a small house for that.
Posted on 12/13/15 at 12:39 pm to VABuckeye
quote:
Zero
Northern Virginia
5 bedroom, 3900 sq ft
Seriously, you need to take out a mortgage while you still can at these rates.
Posted on 12/13/15 at 12:42 pm to GoldenD
13% of gross for mortgage+taxes+insurance
Baton Rouge 4br 2000sf
Baton Rouge 4br 2000sf
This post was edited on 12/13/15 at 12:43 pm
Posted on 12/13/15 at 12:42 pm to Bearded_Chow25
18.5%
Renting in Charlotte
3 Bedroom House near Downtown (2,600 sq ft)
Renting in Charlotte
3 Bedroom House near Downtown (2,600 sq ft)
Posted on 12/13/15 at 12:45 pm to theoldwiseone33
quote:
% of gross annual income to mortgage: 2.5%
I think you're doing this wrong... its percentage on Monthly gross, not annual.
Posted on 12/13/15 at 1:04 pm to Bearded_Chow25
17% on mortgage, 2650 sq ft.
Posted on 12/13/15 at 1:28 pm to Bearded_Chow25
quote:
Curious to see what % of gross annual income
Makes more sense to see what % of net
Posted on 12/13/15 at 2:33 pm to Bearded_Chow25
I'm in Dallas as well and I'm sitting at 13.5% for an apartment.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News