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Message
re: Mortgage Amount 2-2.5x Annual Income
Posted on 4/10/22 at 7:07 am to OleVaught14
Posted on 4/10/22 at 7:07 am to OleVaught14
We were extremely lucky buying in 2018 and refinancing in 2020. We're now at 0.7x and it's wonderful.
1
Posted on 4/10/22 at 8:54 am to GEAUXT
quote:
We were extremely lucky buying in 2018 and refinancing in 2020. We're now at 0.7x and it's wonderful.
I'm screwed. I sold in 2016 due to personal issues and haven't bought back in yet. At these prices, I may not ever be able to unless it all comes crashing back to Earth. Not sure I want that, but I'd love to own a home again. I just can't spend $350K on a house with my single income.
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