re: What % of your income goes to Mortgage?

As of now:

roughly 20% of our gross income goes to the mortgage

When my wife graduates in May, roughly 14.5% will be for the mortgage if she does not work any overtime at all.

Needless to say, I can not wait for May. By then, all car notes will be paid off and the only thing we will have is a mortgage to pay on. I hope to stay like that for at least 5 years.