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re: How much of take home pay is reasonable to put towards mortgage?

Posted on 7/3/23 at 9:38 am to
Posted by notsince98
KC, MO
Member since Oct 2012
18127 posts
Posted on 7/3/23 at 9:38 am to
as little as possible. There is no rule. It all depends on where you need to spend your money.

You can afford a lot of house if you want to stay home and eat at home all the time. If you want to eat out all the time and travel tons, you wont be able to afford as much house. Same issue with cars.
Posted by GEAUXT
Member since Nov 2007
29306 posts
Posted on 7/3/23 at 1:24 pm to
"you can have anything, but you can't have everything"
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89745 posts
Posted on 7/3/23 at 7:09 pm to
quote:


You can afford a lot of house if you want to stay home and eat at home all the time.


I definitely spend a lot of time at my house. I did when I lived in a little, shitty house and I do now that I live in a giant, not-so-shitty house.

Hell, my house has almost everything I need.

You're absolutely right, though. If you eat out and travel a lot, you should probably be in a small apartment.
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