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Forum » Do you all really use 30% of your income for housing?
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Thread: Do you all really use 30% of your income for housing?

post 1659083343 04-04-2022, 06:11 AM
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  1. CanardMedic
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Do you all really use 30% of your income for housing?

It just seems like a lot, I don't think I've ever paid more than 25% of my gross income for rent in my entire life.
As a matter of fact, as of right now, it's about 5.8%. ( no I don't live at home with my parents)
post 1659083403 04-04-2022, 06:12 AM
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  1. BalognaNbeans
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about 20%
post 1659116463 04-04-2022, 05:35 PM
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  1. Polaris
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Originally Posted By Anachron⏩
Never really calculated it, since it's in the negative.
How would you know that without some level/degree of calculation?
post 1659116493 04-04-2022, 05:36 PM
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  1. bigcat3655
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Fuk no. Mortgage with insurance and taxes is $1250/month. Take home between my wife and i is $7800. That's 16%
post 1659116583 04-04-2022, 05:38 PM
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  1. sf813
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19% of net pay for me
post 1659116643 04-04-2022, 05:40 PM
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Housing is my main source of income now
post 1659116823 04-04-2022, 05:45 PM
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pretty close

but I also have a wife who makes more than me and I am only counting my income and the total mortgage/insurance/tax cost, although we split it.

Also the value we are paying is half the value of the house so that also puts me more at ease.

Before buying a house I likes to stay around 20% gross or 30% take home max.
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**HTC**
post 1659116983 04-04-2022, 05:49 PM
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7%

Feels good
Losers let it happen, winners make it happen.

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post 1659117063 04-04-2022, 05:51 PM
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2.2%
Make Europe Germany Again
post 1659117373 04-04-2022, 05:56 PM
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10% of gross goes to mortgage. The other 90% go to groceries, Amazon, and gas.
post 1659117483 04-04-2022, 05:58 PM
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yeah when your young. then over time is gets cheap af. at least if your not a boomer cashing out your equity for rvs, timeshares, and cruises
post 1659117663 04-04-2022, 06:05 PM
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Apparently my rent is 20% of my after taxes / net income, closer to 15% of my before taxes / gross income. I foresee it going up though but not to 30%.
post 1659118563 04-04-2022, 06:28 PM
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About 10k per month, HH income of about 1mil per year.
post 1659118643 04-04-2022, 06:30 PM
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Never did.

At present, my fully paid off house accounts for a very small (low single digit) % of my NW. All in housing costs (maintenance, utilities, etc.) are a similarly small % of my annual income.
post 1659118913 04-04-2022, 06:37 PM
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  1. solidus2k3
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mortgage is like 20% for me... and 6% of that is principal payment
<HTC>
post 1659119013 04-04-2022, 06:40 PM
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Mine is 18% but that includes mortgage and escrow
"
post 1659119043 04-04-2022, 06:41 PM
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  1. aal04
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95% of income.

come in me...

2 years to go to pay off house (23 years ahead of mortgage)

after that i will need to pay about 0.5% of income in council fees and the rest is disposable.
post 1659119313 04-04-2022, 06:47 PM
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Nah 6.7% of my income. Payment is only $3350/mo or so.
post 1659119333 04-04-2022, 06:47 PM
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I’m at 6% of my gross, all in, including taxes, insurance, and utilities (internet included )
Dallas Cowboys

Lifted for 30 years

Ass > tits
No Debt Crew
post 1659120943 04-04-2022, 07:26 PM
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Originally Posted By TugOfPeace⏩
You make $600k?
Anywhere from 40-60k/mo.

Last year was close to 1m, but that was due to sale of the apartment complex we built.
post 1659129593 04-04-2022, 11:11 PM
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Coming in at 13% of gross for everything including mortgage, property tax, utilities, and insurance but not including any income from my woman

Will hopefully increase that ratio this year tho
post 1659130323 04-04-2022, 11:38 PM
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55% srs. Got my 3bed 2 bath on .25 acre for $210k right when the climb began. It's worth ~$340k right now. My budget is super tight and i am living in poverty.
🦜 Parrot crew 🦜 125 gallon planted freshwater crew 🦜 60 gallon reef tank crew 🦜 Flip phone crew 🦜 No ******** crew 🦜 2 books per month crew
post 1659130393 04-04-2022, 11:40 PM
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Lmao we talkin gross?!?

I'm sitting 25% net.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1659130553 04-04-2022, 11:49 PM
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When I bought my house it was about 33% of my income. Now it's less than 20%
Forever alone? Attraction and keeping the girl chasing you - http://forum.obnoxiousbrutes.com/showthread.php?t=131498033

You will never know your limits, unless you push yourself past the imaginary lines you have drawn in the sand.

Knee Dragger - '06 GSX-R750
post 1659170903 04-05-2022, 04:53 PM
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  1. TonyTriangles
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here in hawaii, some people are paying 50% of their income and rely on their spouse to help pay for everything else
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