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Minimum household income for $1.5 million house assuming $30k in property taxes
| .- .-. . .-. . .--. - .. .-.. . | 05/01/25 |
| Paralegal Mohammad | 05/01/25 |
| UhOh | 05/01/25 |
| XO Walrus irl | 05/01/25 |
| blow off some steam | 05/01/25 |
| He flexed his right muscle. | 05/01/25 |
| Covid was a Hoax | 05/01/25 |
| Drunkard | 05/01/25 |
| Covid was a Hoax | 05/01/25 |
| Drunkard | 05/01/25 |
| Covid was a Hoax | 05/01/25 |
| cock of michael obama | 05/01/25 |
| Oh, you travel? | 05/01/25 |
| cock of michael obama | 05/01/25 |
| Miss Anthropy | 05/01/25 |
| Oh, you travel? | 05/01/25 |
Poast new message in this thread
Date: May 1st, 2025 9:40 AM Author: .- .-. . .-. . .--. - .. .-.. . and HOA fees annually. About to pull the trigger on this golf course property.... Property tax + golf course HOA = $32k per year. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895935) |
Date: May 1st, 2025 9:44 AM Author: Paralegal Mohammad $800k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895939) |
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Date: May 1st, 2025 9:44 AM Author: UhOh 500k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895940) |
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Date: May 1st, 2025 9:45 AM Author: XO Walrus irl $300k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895943) |
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Date: May 1st, 2025 9:48 AM Author: blow off some steam 200k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895946) |
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Date: May 1st, 2025 9:49 AM Author: He flexed his right muscle. How much is P&I on the mortgage? (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895954) |
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Date: May 1st, 2025 9:52 AM Author: Covid was a Hoax hoa of 32k is killself level so just enough to buy a gun and end it all (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895961) |
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Date: May 1st, 2025 9:54 AM Author: Drunkard HOA is $2k, tax is $30k.
In any event, double gross income is safe so $750k |
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Date: May 1st, 2025 9:55 AM Author: Covid was a Hoax are you living on a golf course in nj or ca? (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895969) |
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Date: May 1st, 2025 1:07 PM Author: Drunkard I live above the interstate. Reread the initial post. $32k all in, not $32k HOA. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896395) |
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Date: May 1st, 2025 2:36 PM Author: Covid was a Hoax k i see youre not op but 2% is a lot for ptaxes (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896643) |
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Date: May 1st, 2025 1:08 PM Author: cock of michael obama Shouldn’t buy more than 4x or 5x one’s gross income is the rule of thumb
So 300-400k |
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Date: May 1st, 2025 1:11 PM Author: Oh, you travel? ( ) the "rule of thumb" is more like 2.5-3x gross income (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896411) |
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Date: May 1st, 2025 2:42 PM Author: cock of michael obama 2. The 28% rule If you’re following this general rule, you shouldn’t spend more than 28% of your gross income (what you take home before taxes) on your mortgage payment (principal and interest).
Example: If your household income is $100,000, then you can afford to spend around $2,300 on your mortgage principal and interest per month; with these numbers, and assuming you have good credit (a score of 680+) and 6.7% for a down payment, then you should be looking at homes priced around $450,000.
https://www.homelight.com/blog/buyer-how-much-house-can-i-afford-rule-of-thumb/ |
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Date: May 1st, 2025 2:43 PM Author: Miss Anthropy (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896660) |
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Date: May 1st, 2025 2:47 PM Author: Oh, you travel? ( ) lmao (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896674) |