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re: How much of take home pay is reasonable to put towards mortgage?
Posted on 7/2/23 at 10:10 pm to GeauxTigers123
Posted on 7/2/23 at 10:10 pm to GeauxTigers123
quote:
white coat investor
Ideally a mortgage no more than 2x gross salary
2
Posted on 7/2/23 at 10:12 pm to GEAUXT
You are correct. I went back and read it and he said ideally 2x but that some followers are having to go beyond that in high cost of living places.
Posted on 7/2/23 at 10:21 pm to GEAUXT
I will also add that with a quick post review looks like the OP just finished residency.
My advice...
Do NOT upsize your house
Get off TD and go to the white coat investor forum
Don't piss away money on a big house.
My wife and I (both doctors) have a mortgage that is 1/3 our gross and the freedom you have without being saddled with debt is priceless. Particularly as a new attending...
My advice...
Do NOT upsize your house
Get off TD and go to the white coat investor forum
Don't piss away money on a big house.
My wife and I (both doctors) have a mortgage that is 1/3 our gross and the freedom you have without being saddled with debt is priceless. Particularly as a new attending...
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