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re: Going against the grain: purchasing a reasonable home versus the OT special

Posted on 3/23/15 at 8:36 pm to
Posted by dale10
The Red Stick
Member since May 2006
929 posts
Posted on 3/23/15 at 8:36 pm to
This is a relative question. When you say reasonable, how would you define that mark? Let's say in terms of house note as a percent of gross monthly income.

I'm looking at homes now that would be about 15%. What say you?
Posted by CharlesLSU
Member since Jan 2007
31961 posts
Posted on 3/23/15 at 8:37 pm to
quote:

This is a relative question. When you say reasonable, how would you define that mark? Let's say in terms of house note as a percent of gross monthly income.

I'm looking at homes now that would be about 15%. What say you?


16%
This post was edited on 3/23/15 at 8:39 pm
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