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jmf423
:)
Member since 5/05 6372 total posts
Name:
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Mortage/Income %
What percentage of you monthly income is your mortgage/taxes/homewoners ins?
Just curious what range everyone is in. Sorry if this is to personal and you don't want to post.
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Posted 6/13/09 8:52 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
MrsBlueSash
Love my sailor
Member since 6/05 5793 total posts
Name:
Christian
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Re: Mortage/Income %
You'll get more insight and responses if you make this a poll. Just a thought.
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| Posted 6/13/09 9:27 PM |
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Nifheim
allo
Member since 1/09 5476 total posts
Name:
Jennifer
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Re: Mortage/Income %
i think it will be half or right below it. With out factoring our over time and extra freelance jobs I get. (we haven't purchased yet but for what we are looking at)
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| Posted 6/13/09 9:41 PM |
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neenie
Member since 5/05 22351 total posts
Name:
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Re: Mortage/Income %
just over 24%
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| Posted 6/13/09 9:53 PM |
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Mommy2Boys
My Boys!!!!
Member since 6/06 14437 total posts
Name:
C
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Re: Mortage/Income %
I would say the norm on LI is 30-40%, some probably higher b/c of the housing prices and taxes. It is probably less for people who live out of state or maybe even not on LI. I think ours is inbetween that range.
Message edited 6/13/2009 10:44:27 PM.
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| Posted 6/13/09 10:43 PM |
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SnickNNick
In our new house!!
Member since 8/08 2119 total posts
Name:
Nicole
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Re: Mortage/Income %
I think ours is around 30%...actually a little less than 30%....
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| Posted 6/13/09 10:50 PM |
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kahlua716
3 Girls for Me!
Member since 8/07 12475 total posts
Name:
Keri
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Re: Mortage/Income %
It's going to be about 45%. A little higher than we wanted, but DH gets yearly raises...and I should be due for one soon.
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| Posted 6/14/09 1:29 PM |
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gforce
My other love!
Member since 5/08 1744 total posts
Name:
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Re: Mortage/Income %
ours is about 30%
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| Posted 6/14/09 1:37 PM |
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Dani00518
Gorgeous
Member since 5/05 2730 total posts
Name:
Danielle
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Re: Mortage/Income %
I guess about 40%
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| Posted 6/14/09 2:22 PM |
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Janice
Sweet Jessie Quinn
Member since 5/05 27567 total posts
Name:
Janice
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Re: Mortage/Income %
23%
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| Posted 6/14/09 6:10 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: Mortage/Income %
Gross? Then it is (including taxes and insurance)--30%
Without taxes and insurance--15%
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| Posted 6/14/09 7:13 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Mortage/Income %
am i the only one at 50%??? it's horrific, but true!
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| Posted 6/14/09 8:06 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: Mortage/Income %
19 - gross
24 - net
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| Posted 6/14/09 8:54 PM |
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lovemy2boys
LIF Adult
Member since 10/07 3915 total posts
Name:
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Re: Mortage/Income %
Posted by rkoenke
am i the only one at 50%??? it's horrific, but true!
I think this is more like it for newer home buyers. We have a coop so our % is much less but once we have a home it would be about the same
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| Posted 6/14/09 10:09 PM |
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jam11308
Member since 11/07 7273 total posts
Name:
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Re: Mortage/Income %
Roughly 19% gross & 28% net
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| Posted 6/15/09 8:14 AM |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: Mortage/Income %
Mortgage/taxes/insurance/homeowners assoc. fees... under 30%.
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| Posted 6/15/09 8:50 AM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Mortage/Income %
Probably somewhere around 30% gross. Much less than that if I take into account all my side business income.
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| Posted 6/15/09 11:12 AM |
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csorisi
My 2 LOVES
Member since 11/05 1984 total posts
Name:
Corinne
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Re: Mortage/Income %
Net is about 32%
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| Posted 6/15/09 11:16 AM |
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pnbplus1
Family
Member since 5/09 5751 total posts
Name:
Mommy
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Re: Mortage/Income %
With our mortgage and taxes we'll be at about 40% of one income. I start working in September, this will help although most of it will go to child care.
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| Posted 6/15/09 11:20 AM |
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Lucky09
2017!
Member since 1/06 7539 total posts
Name:
DW
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Re: Mortage/Income %
Net 28%
and that is why I can't be a sahm. :(
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| Posted 6/15/09 12:46 PM |
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steph4777
**************
Member since 5/05 11726 total posts
Name:
Stephanie
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Re: Mortage/Income %
20% of my gross
31% of my net
**Doesn't include DH's salary since it fluctuates monthly
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| Posted 6/15/09 2:10 PM |
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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: Mortage/Income %
About 30 % of base net. Not counting DH's commissions.
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| Posted 6/15/09 2:23 PM |
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headoverheels
s'il vous plaît
Member since 6/07 42079 total posts
Name:
LB
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Re: Mortage/Income %
including taxes, it will be close to 40% net.
however DH and i get yearly step and COLA raises so it will go down each year (assuming our taxes do not increase significantly).
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| Posted 6/15/09 3:09 PM |
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Sparkyandang
LIF Adolescent
Member since 5/08 766 total posts
Name:
Ang
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Re: Mortage/Income %
including all insurance and taxes...and net income - it will be 40%
sad really.
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| Posted 6/15/09 3:50 PM |
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OStewarts
LIF Adult
Member since 11/07 1096 total posts
Name:
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Re: Mortage/Income %
With taxes and insurance, it comes out to about 17% of our monthly gross pay.
ETA:
It's about 28% of our net pay per month.
Message edited 6/15/2009 4:26:33 PM.
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| Posted 6/15/09 4:24 PM |
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