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re: What % of gross annual income do you pay in Rent/Mortgage?
Posted on 12/13/15 at 3:14 pm to Bearded_Chow25
Posted on 12/13/15 at 3:14 pm to Bearded_Chow25
14.8% for mtg, taxes, and insurance
City: Katy, TX
Type: 4br/3.5ba (3350 sq ft)
City: Katy, TX
Type: 4br/3.5ba (3350 sq ft)
Posted on 12/13/15 at 3:30 pm to Bearded_Chow25
13% including escrow. 4200 s/f west st Tammany.
Was closer to 20% when we built a few years ago.
Was closer to 20% when we built a few years ago.
Posted on 12/13/15 at 3:35 pm to SippyCup
27% and it makes money tight.
Posted on 12/13/15 at 3:46 pm to GoldenD
Only put down 10%, found a fixer upper that needed $30k, 30 year mortgage at 3.625
Posted on 12/13/15 at 3:48 pm to lilsnappa
quote:
quote: % of gross annual income to mortgage: 2.5% I think you're doing this wrong... its percentage on Monthly gross, not annual.
I have a high income and live in a small house
Posted on 12/13/15 at 3:49 pm to C-Bear
15.5% 4 bed 2.5 bath in Lafayette.
7% net of rent for one of my extra bedrooms.
I had it down to 2% when I had 2 roommates and I kept the master bedroom. That was the life.
7% net of rent for one of my extra bedrooms.
I had it down to 2% when I had 2 roommates and I kept the master bedroom. That was the life.
Posted on 12/13/15 at 4:30 pm to Bearded_Chow25
10% not counting bonus in income
Will be close to 25% when I build next year
Will be close to 25% when I build next year
Posted on 12/13/15 at 5:14 pm to Bearded_Chow25
23% mortgage, taxes, insurance.
Houston
4 bdrm 3250 sq ft.
Fortunately doesn't include my wife's pay.
Houston
4 bdrm 3250 sq ft.
Fortunately doesn't include my wife's pay.
Posted on 12/13/15 at 5:23 pm to foshizzle
quote:
Seriously, you need to take out a mortgage while you still can at these rates.
We're going to cash out and downsize in a few years or I probably would.
Posted on 12/13/15 at 6:07 pm to Bearded_Chow25
Almost 19%, including HOA and the extra $500/month we're currently putting towards the mortgage
Posted on 12/13/15 at 6:13 pm to Bearded_Chow25
% of gross annual income going to rent : 33%
City: Denver
Type: 1 BR apartment (645 sq. ft)
frick this shite
City: Denver
Type: 1 BR apartment (645 sq. ft)
frick this shite
Posted on 12/13/15 at 7:07 pm to yellowfin
You are building in this housing market?
Your wife must be very persuasive.
Your wife must be very persuasive.
Posted on 12/13/15 at 7:35 pm to Bearded_Chow25
16%
3000 Sqft Zachary,La
3000 Sqft Zachary,La
Posted on 12/13/15 at 7:41 pm to Bearded_Chow25
6% Lafayette, 3 bedroom 2 bath house.
Posted on 12/13/15 at 8:58 pm to Azazello
quote:
% of gross annual income going to rent : 33%
City: Denver
Type: 1 BR apartment (645 sq. ft)
frick this shite
I'm in a similar circumstance, but I included my wife's pay.
I would be sitting at 27% for a 1 BR apartment if I was only going off my salary.
Posted on 12/13/15 at 9:29 pm to Bearded_Chow25
0%. I have two roommates in my four bedroom place whose rent pays off my mortgage. Same in my rental. 
Posted on 12/13/15 at 9:53 pm to TheHiddenFlask
I'm building the house I'll be in for the next 30 years. Not concerned with market
Posted on 12/13/15 at 9:56 pm to yellowfin
29% Rent
Still have plenty left over for food, gas, phone bill, emergency savings, 401k and Brazzers Membership.
Still have plenty left over for food, gas, phone bill, emergency savings, 401k and Brazzers Membership.
Posted on 12/13/15 at 10:55 pm to BadTyreke
21% of take home income but I put a lot of money into my retirement pre taxed on a 2300 square foot house and that 21% includes tax and insurance. Mind you it's a house I love in a great neighborhood in BR.
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