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What percentage of your household income is your monthly mortage payment?

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Pages: 1 [2]

DaisyGirl
LIF Adult

Member since 2/08

1650 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

16% of net

Posted 4/24/10 7:33 PM
 
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pinkandblue
Our family is complete, maybe

Member since 9/05

32436 total posts

Name:
Stephanie

Re: What percentage of your household income is your monthly mortage payment?

15%

Posted 4/24/10 9:36 PM
 

JDubs
different, not less

Member since 7/09

13160 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

mortgage plus taxes probably takes up about 50% of what we make combined after tax, in a month.. ETA we have not closed yet but this is what i figured based on my calculations

Message edited 4/25/2010 7:47:57 AM.

Posted 4/25/10 7:47 AM
 

ThePinkGoose
In Your Hands

Member since 8/08

4706 total posts

Name:
Nunya

Re: What percentage of your household income is your monthly mortage payment?

About 30% of our net, including hoi and taxes.

Posted 4/25/10 9:10 AM
 

johnsae
Sip.

Member since 3/06

18677 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

5%

Posted 4/25/10 10:00 AM
 

Cheeks24
Living a dream

Member since 1/08

8589 total posts

Name:
Cheeks

Re: What percentage of your household income is your monthly mortage payment?

About 35% of net...maybe less.

Posted 4/25/10 4:17 PM
 

CrankyPants
I'm cranky

Member since 7/06

18178 total posts

Name:
Mama Cranky

Re: What percentage of your household income is your monthly mortage payment?

about 25% (including taxes, homeowners insurance, etc.)

Message edited 4/26/2010 9:46:37 AM.

Posted 4/26/10 9:45 AM
 

bird382
.

Member since 7/07

1712 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

15%

Posted 4/26/10 10:00 AM
 

budget09
LIF Zygote

Member since 11/09

46 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

Principle Interest Taxes Insurance (PITI) 17% of Gross Monthly Income

Which makes PITI 28 % of our monthly take home (cash after cutting Social security, taxes, health insurance, 401ks, etc...)

Message edited 9/4/2010 10:10:29 PM.

Posted 9/4/10 10:09 PM
 

BaseballWidow
*****

Member since 8/08

6657 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

Including taxes and HOI:
22% of our gross
32% of our net

Posted 9/4/10 11:11 PM
 

MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: What percentage of your household income is your monthly mortage payment?

Our rent is about 35% of our combined take-home.

The mortgage for the homes we are looking at are less than 25% of our take-home.

Posted 9/4/10 11:12 PM
 

sometimesmommy
Always in my heart.....

Member since 11/06

6686 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

As of May its 31% of Dh's net. He qualified for a modification. Before it was much more.

ETA: This includes mortgage, insurance and taxes.

Message edited 9/5/2010 8:41:52 AM.

Posted 9/5/10 8:41 AM
 

browneyes
All moms are working mothers!

Member since 8/08

4311 total posts

Name:
Super Mom

Re: What percentage of your household income is your monthly mortage payment?

including taxes and hoi i would say just under 50%

Posted 9/5/10 8:55 AM
 

MrsYank
She's here :)

Member since 4/07

3238 total posts

Name:
Mrs. Yank

Re: What percentage of your household income is your monthly mortage payment?

Around 42%, including our taxes- around 30% just mortgage. This is of our net pay.

Posted 9/5/10 9:42 AM
 

sunnyplus3
:)

Member since 11/05

8749 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

Mortgage, HOI and taxes on our primary residence is 22% of our net not including my consulting income because it varies.

Posted 9/5/10 3:37 PM
 

BeachGal
LIF Adult

Member since 2/10

2827 total posts

Name:
J

Re: What percentage of your household income is your monthly mortage payment?

26% net including taxes and HO insurance. The net salary is net of 401k as well.

Posted 9/5/10 3:53 PM
 

bookworm
Two Little Rosebuds

Member since 8/09

2106 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

about 35% of net including taxes & insurance

Posted 9/5/10 6:03 PM
 

stickydust
Now a mommy of 2!!!

Member since 4/06

3164 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

35% of net (includes mortgage, taxes and homeowner's insurance)

Posted 9/5/10 8:36 PM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: What percentage of your household income is your monthly mortage payment?

27% of net, but we pay a great deal into our retirement before net. Without that, more like 20%

Posted 9/5/10 9:17 PM
 

Mill188
LIF Adult

Member since 3/09

3073 total posts

Name:

Re: What percentage of your household income is your monthly mortage payment?

It's about 75% of MY net. We use only my salary to pay the mortgage. 100% of DH's salary goes to other bills (LIPA, cable, furniture, car insurance, etc.)

So all in all it's about 25% of our combined NET each month.

Posted 9/5/10 9:31 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: What percentage of your household income is your monthly mortage payment?

wow! we are really in much worse shape than all of you.

about 60% of our net income is our mortgage.

that's why we are contemplating moving out of state...Chat Icon

Posted 9/6/10 10:45 AM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: What percentage of your household income is your monthly mortage payment?

24% of our gross, which doesn't include my consulting and business income.

I am not going to figure out what the net is because we bank a ton of money into our 401ks. So the net number would obviously be lower if we didn't count our arbitrary retirement savings.

Posted 9/6/10 11:02 AM
 
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