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re: What is the “normal” ratio of mortgage loan vs annual income?

Posted on 2/23/21 at 8:24 am to
Posted by Drunken Crawfish
Member since Apr 2017
3846 posts
Posted on 2/23/21 at 8:24 am to
quote:

$1800 a year to $12K a couple years later.


OUCH.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2140 posts
Posted on 2/23/21 at 8:30 am to
Our house was right at 2.6 when we bought it a few years back. Now it’s closer to 2.1 with our income increases. We are also prepaying a ton trying to pay it off before our kids get out of elementary school
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