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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home

Posted on 10/18/23 at 7:28 pm to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71670 posts
Posted on 10/18/23 at 7:28 pm to
quote:

You're telling me that you make $130,000 a year as a single man and can't figure out how to buy a decent house?


Well, since I'm not a dumbass, I don't want to spend more than 25% of my net on a mortgage payment which is surprisingly difficult with these insane rates. I ended up finding a nice place with my gf/fiance (have a stone, working on a ring) for around 450k. Even with us being aggressive as hell, it'll take us around 10 years to pay off.
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