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Posted on 9/27/22 at 6:54 pm to BayouBengals21
0%
14% to RE and taxes
That's f depressing
14% to RE and taxes
That's f depressing
Posted on 9/27/22 at 8:06 pm to BayouBengals21
Are we talking gross? Around 13%
Posted on 9/27/22 at 9:57 pm to BayouBengals21
10% of take home goes to the mortgage. That’s the only note we have.
Posted on 9/27/22 at 9:59 pm to Asharad
quote:
I'm surprised that nobody has said 0%. Paid off years ago.
I'll join that club. Just turned 50, had it paid off since 07.
Posted on 9/27/22 at 10:00 pm to Asharad
quote:
I'm surprised that nobody has said 0%. Paid off years ago.
0% as well.
Was trying to lay it off before 50th birthday but missed it by a bit.
I love not having a mortgage or a car payment anymore.
Posted on 9/27/22 at 10:49 pm to SECdragonmaster
Around 19% of take home after both fully maxing retirement.
Percent matters less…it’s about FCF available after housing.
Percent matters less…it’s about FCF available after housing.
Posted on 9/28/22 at 2:59 am to BayouBengals21
About 7% of gross income
Posted on 9/28/22 at 6:37 am to BayouBengals21
10% of net, 4000' house
Posted on 9/28/22 at 7:39 am to Lsut81
Nothing. I’m debt free!!
Posted on 9/28/22 at 7:52 am to BayouBengals21
Total Payment including Escrow: 14% of Gross and 27% of Net.
Just P&I: 11% of Gross and 20% of Net.
Just P&I: 11% of Gross and 20% of Net.
Posted on 9/28/22 at 8:31 am to BayouBengals21
My rent is 25% of my gross income. Single income household.
Posted on 9/28/22 at 10:00 am to BayouBengals21
16.5% of Net Income
11.5% of Gross Income
ETA: This includes homeowners and property tax. Wish it was closer to 10% of Net.
11.5% of Gross Income
ETA: This includes homeowners and property tax. Wish it was closer to 10% of Net.
This post was edited on 9/28/22 at 12:38 pm
Posted on 9/28/22 at 12:57 pm to BayouBengals21
ZERO
E
R
O
E
R
O
Posted on 9/29/22 at 1:52 am to BayouBengals21
quote:
Is 18% too much?
No not at all ,and with 2 mortgages you would be at 28% where you have a rental property if you want it. At a minimum you can cover the mortgage and much of the costs so if it will better the life of your family it is a no brainer.
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