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Yea you probably dont want too know what mine housing/insurance payments are.
I will say I own a house that requires flood insurance, Wind and hail insurance and normal fire insurance. I do however have a 3% VA 30year home loan. My house isnt in a community so I dont have to pay those HOA dues. |
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7.44%. That includes principal, interest, property tax and homeowner's insurance since its all rolled into one payment.
Should be 0 in another year or so. |
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60%
Homes in MA are not cheap unless you want to live in a shithole bad neighborhood. |
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Please tell me you don't fork that out each month! View Quote View All Quotes View All Quotes Quoted:
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............................. Just looked at my bill from last month, $630 for taxes and insurance, $510 for P&I. I have a solid job here as a UPS driver. 25 years until I'm 55 and retire. Please tell me you don't fork that out each month! Yup, monthly. Almost $6k a year for property taxes alone, on a 990 square foot house on 1/4 acre. I'm not even in Cook county. |
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14% not including taxes and insurance. Those get paid outright at the end of the year.
ETA: Just did the math, 20.8% all together.
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None, but I still have taxes and insurance. It sucks when a paid for house costs over $3500 a year. It is not a very expensive home either.
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12% with escrow included . I enjoy plenty of discretionary income. Fuck large house payments.
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Quoted: Yup, monthly. Almost $6k a year for property taxes alone, on a 990 square foot house on 1/4 acre. I'm not even in Cook county. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: ............................. Just looked at my bill from last month, $630 for taxes and insurance, $510 for P&I. I have a solid job here as a UPS driver. 25 years until I'm 55 and retire. Please tell me you don't fork that out each month! Yup, monthly. Almost $6k a year for property taxes alone, on a 990 square foot house on 1/4 acre. I'm not even in Cook county. |
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I'm at about 25% for the total monthly payment (mortgage, insurance, taxes and PMI).
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About 10% but I am living in a very modest home vs. my income. Moving soon and expect to be closer to 20%.
Would not want much higher than that but I really like buying shit and don't care much about showing off the house. |
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21% of bring home pay (after insurance, pre-tax childcare, 401k, etc.) including taxes and insurance.
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Also, I'm at 23% including escrow, but in my defense, that's on a 15-year mortgage.
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18% for PITI, 4 years to go on a 15 year mortgage. It's comfortable.
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22.22% mortgage tax insurance
20% childcare cost 28% taxes 10% 401k 10% other savings Live on 10%? I'm poor |
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I’m about 45% and I think I’m doing better than a lot of people in my area.
Here’s stats for my area: Average home price: $242,500 Average income: $33,473 Taxes are fairly steep here as well so even with a 20% down payment you’d have to be banking well over 6-figs in order to have a monthly mortgage bill be 20% of your take-home. There’s also a goodly amount of $300-$400K homes so I guess there must be lots of millionaires here too. I honestly don’t know how some people do it. I make decent money in a professional level position, but I have neighbors (all our houses are roughly the same value) who work general labor, unskilled jobs. |
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Mortgage is 15%, another 25% goes to the rest if my bills. Remaining 60%=profit (I usually pay extra on the house, should be done in 5 years).
Posted Via AR15.Com Mobile |
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what makes up your childcare cost? im a financial adviser and id say get rid of your kids and stop paying taxes View Quote View All Quotes View All Quotes Quoted:
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22.22% mortgage tax insurance 20% childcare cost 28% taxes 10% 401k 10% other savings Live on 10%? I'm poor what makes up your childcare cost? im a financial adviser and id say get rid of your kids and stop paying taxes GD: you get what you pay for on relationship counseling, medical advice, financial planning, legal opinions, etc. |
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It was between 10 and 20%. Now, after 16 years, it is zero. Taxes are 4%.
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Just closed on my first house, Mortgage payment will be 1/3rd of monthly after tax income. Should I pepper my angus, or is that normal? ETA: That includes taxes and insurance. View Quote If mine was 1/3 of my income after taxes I am not sure how I would akeep at night. |
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Here in CA if you even want to get into a starter home the average person is probably at like 50% View Quote View All Quotes View All Quotes Quoted:
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Glad nobody has told me I'm screwed yet. Looking forward to the day when my student loans are not more than my mortgage payment... Here in CA if you even want to get into a starter home the average person is probably at like 50% Nevada, as well. |
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40% but my house is awesome. Girlfriend contributes so it's usually like 25% of my income which is very comfortable.
25% mortgage 25% savings/retirement 35% to live off and the rest varies |
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7.5% .. We live well below our means when it comes to our house.
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After taxes insurance and everything close to half of my monthly take home from my paychecks... but I also get a large amount of my salary in quarterly bonuses which is not included in that.
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So, what I'm learning is that 45% is too much?
Haven't bought yet, but about 1-2 months away from buying. |
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Quoted: So, what I'm learning is that 45% is too much? Haven't bought yet, but about 1-2 months away from buying. View Quote It is a relative thing. Like I posted above, mine is 15% but I am nearly 50 and my 20 YEO Daughter's is close to 40%. Mine will be paid off and my daughter's income will rise and she will be in better shape as time goes one. She is smart though as she rents rooms to friends that effectively pays 85% of her mortgage. |
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Mortgage/prop tax in escrow/ prop insurance is $1249 per month.
We pull in between $4400-$5000 after taxes each month. We cut it pretty close sometimes, but eventually the kids will all be in school and not require daycare costs. We are hanging in there. |
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30% of after-tax base salary. 15% of typical after-tax income including stock and bonus.
Things are tighter if we don't get the bonus/stock but it's not the end of the world. |
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19% of take home income on a 30 year note. We pay extra every month and plan to have it paid off in 22 years.
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