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re: Mortgage Amount 2-2.5x Annual Income
Posted on 4/13/22 at 11:36 am to OT_Marvel
Posted on 4/13/22 at 11:36 am to OT_Marvel
We stretched a bit on recent home, I felt comfortable doing so because it’s public education K-12. The $2,800/mo childcare will go away, the kids activities and after school care will not add up to that monthly, our incomes will continue to rise.
First two homes we bought we were between 2-2.5 ratio. New one a little over 3.
First two homes we bought we were between 2-2.5 ratio. New one a little over 3.
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