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

Posted on 2/23/21 at 3:04 pm to
Posted by Pepperoni
Mar-a-Lago
Member since Aug 2013
3493 posts
Posted on 2/23/21 at 3:04 pm to
quote:

My new mortgage is about 2.5x my annual salary.

I first misread that, I thought the payment itself was 2.5 x annual and that would be a tough spot to be in.
This post was edited on 2/24/21 at 2:59 pm
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