22 июл. 2023 г. · if you were making twice the income you are, then it may be manageable, as the other half of your income would be larger and easier to ...

6 авг. 2024 г. · Sinking half of take home into mortgage has been rough. It is hard to save any money, and it is stressful to spend money on any luxuries.

27 сент. 2022 г. · I talked to a lender who said the norm and recommendation these days is to spend 50% of your monthly income on your mortgage.

1 мая 2024 г. · My mortgage, pmi, insurance, and taxes is 3027 per month and I feel like that is way too high bit so over renting. Hopefully rates will go down ...

11 июл. 2024 г. · Current homeowners, what percentage of your monthly income goes towards your mortgage payment? I've owned a house for 6 years now.

14 окт. 2024 г. · You're looking at around 40% of your income going to mortgage/rent. It's not impossible, but not ideal, especially considering your low income level.

16 авг. 2024 г. · It's 50% right now, but new construction may have a big property tax hike, plus insurance etc, never assume the quote mortgage amount is the max it will be.

8 мая 2024 г. · For years I think banks wouldnt loan more than 28% (32% total debt). Someone correct me if Im wrong. 35% is a no go impo, even 32% is a stretch.

19 мая 2024 г. · I was at 55% in 2007, and rode out of it. The percentage will go down overtime, assuming wage increases of course and your mortgage being fixed.

26 авг. 2024 г. · It was a mortgage underwriting thing. Banks wanted your mortgage payment to be less than 25% of gross income and total loan payments(car, ...