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MAC222
LIF Adult
Member since 12/08 3860 total posts
Name:
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What percentage of your household income is your monthly mortage payment?
Just curious...no #'s, just a percentage...Thanks!
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Posted 4/23/10 4:24 PM  |
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Beck
LIF Adult
Member since 7/08 1334 total posts
Name:
still can't believe it's mommy
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Re: What percentage of your household income is your monthly mortage payment?
That's a good question. I have to figure it out but maybe around 60-65%
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| Posted 4/23/10 4:36 PM |
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Cpt2007
A new love!
Member since 1/08 5946 total posts
Name:
Liz
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Re: What percentage of your household income is your monthly mortage payment?
if i did the math correctly, its about 30% of our net monthly income (i.e., after tax/benefits are taken out).
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| Posted 4/23/10 4:40 PM |
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MrsRitaB
Love of my life! <3
Member since 4/10 4669 total posts
Name:
Ri
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Re: What percentage of your household income is your monthly mortage payment?
38% of our monthly income
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| Posted 4/23/10 4:41 PM |
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mom2b
LIF Adult
Member since 5/09 1072 total posts
Name:
x
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Re: What percentage of your household income is your monthly mortage payment?
Posted by Beck
That's a good question. I have to figure it out but maybe around 60-65%
Me too
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| Posted 4/23/10 4:49 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
18% of our gross
23% of our net
(mortgage, HOI and taxes)
Message edited 4/23/2010 4:54:07 PM.
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| Posted 4/23/10 4:53 PM |
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w8andsee
LIF Adult
Member since 10/09 1193 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
about 40%
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| Posted 4/23/10 5:27 PM |
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KLSbear
LIF Adult
Member since 1/06 1908 total posts
Name:
Karen
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Re: What percentage of your household income is your monthly mortage payment?
DH gets paid on commission and we also pay extra principal each month but I'm estimating we're in the range of 25% of net income give or take some depending on what his checks are each month. I also get paid weekly so some weeks are 5 paycheck months which gives us extra for those months.
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| Posted 4/23/10 6:17 PM |
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CAMCaps
Live Laugh Love Run
Member since 6/07 4922 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
Posted by Erica
18% of our gross
23% of our net
(mortgage, HOI and taxes)
Ours is about the same. We usually pay more towards the principal so the numbers are a little higher.
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| Posted 4/23/10 6:28 PM |
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SummerMom
Now a mom of 2!
Member since 6/07 4970 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
About 45% of our net. So I guess just under 30% of our gross.
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| Posted 4/23/10 7:09 PM |
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mosh913
baby boy coming spring '11
Member since 5/05 3133 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
About 40% of our net
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| Posted 4/23/10 7:46 PM |
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JustJack
:)
Member since 2/06 2041 total posts
Name:
J
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Re: What percentage of your household income is your monthly mortage payment?
about 30 % of net.
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| Posted 4/23/10 8:46 PM |
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MaZz
* Lovin my baby girl!!! *
Member since 2/09 6243 total posts
Name:
Gina
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Re: What percentage of your household income is your monthly mortage payment?
Around 45% of net -- includes condo maintenance fee, taxes, PMI, and of course the principal
Message edited 4/23/2010 8:59:22 PM.
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| Posted 4/23/10 8:59 PM |
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sj-girl
Happy Family of 4
Member since 5/08 5654 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
Almost 40% of net
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| Posted 4/23/10 9:07 PM |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
~35% net; includes taxes and insurance
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| Posted 4/23/10 9:11 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
Ours with everything includes (insurance/taxes-PMI) is going to be estimated btwn 36-38%
eta- that is the percent of our net incoume, not gross...
Message edited 4/23/2010 10:14:45 PM.
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| Posted 4/23/10 10:14 PM |
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gforce
My other love!
Member since 5/08 1744 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
35% (everything included) Of our net.
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| Posted 4/24/10 1:03 AM |
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Katareen
5,000 Posts!
Member since 4/10 7180 total posts
Name:
Katherine
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Re: What percentage of your household income is your monthly mortage payment?
About 25% of Net
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| Posted 4/24/10 8:05 AM |
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jen919ifer
LIF Adolescent
Member since 7/08 803 total posts
Name:
Jennifer
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Re: What percentage of your household income is your monthly mortage payment?
33% net (ho, tax, mtge) and that doesn't include overtime
Gross w/ OT is 21%
Message edited 4/24/2010 9:41:00 AM.
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| Posted 4/24/10 9:28 AM |
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queensgal
Smile
Member since 4/09 3287 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
30% of net, including taxes
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| Posted 4/24/10 10:10 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: What percentage of your household income is your monthly mortage payment?
when DH is employed (hopefully he will get the job this week) about 28% of gross for both properties.
It's about 38% net.
Those gross numbers don't mean anything for affordability. You have to take into account all of your financial responsibilities.
If it's just my salary then 48% gross, 70% net...scary.
Message edited 4/25/2010 12:08:43 AM.
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| Posted 4/24/10 11:17 AM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: What percentage of your household income is your monthly mortage payment?
about 35% of our net, but that also includes home owner's insurance and taxes, so it's actually less than that.
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| Posted 4/24/10 11:45 AM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: What percentage of your household income is your monthly mortage payment?
31% net (this is without taxes and homeowners) BUT we just refinanced and have no car payments or credit card bills.
Message edited 4/24/2010 6:22:59 PM.
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| Posted 4/24/10 6:21 PM |
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KittyGags
LIF Adult
Member since 7/09 5614 total posts
Name:
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Re: What percentage of your household income is your monthly mortage payment?
Posted by hazeleyes33
31% net (this is without taxes and homeowners) BUT we just refinanced and have no car payments or credit card bills.
Mines the same but WITH taxes and homeowners and we HAVE car payments and cc bills!
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| Posted 4/24/10 7:10 PM |
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lucamon
LIF Adult
Member since 6/09 1133 total posts
Name:
Samantha
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Re: What percentage of your household income is your monthly mortage payment?
21% of net
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| Posted 4/24/10 7:16 PM |
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