The most prestigious law school admissions discussion board in the world.
|
 |
 
|
how much income to afford $1m house?
| soul-stirring alcoholic market | 10/23/17 |
| Bonkers grizzly fortuitous meteor | 10/23/17 |
| soul-stirring alcoholic market | 10/23/17 |
| heady messiness | 10/23/17 |
| slimy meetinghouse | 10/23/17 |
| Adventurous Brethren Trailer Park | 10/23/17 |
| heady messiness | 10/23/17 |
| soul-stirring alcoholic market | 10/25/17 |
| honey-headed motley ratface | 10/25/17 |
| soul-stirring alcoholic market | 10/25/17 |
| milky dashing marketing idea | 10/25/17 |
| spectacular ticket booth | 10/23/17 |
| poppy famous landscape painting | 10/23/17 |
| stimulating indian lodge nowag | 10/25/17 |
| milky dashing marketing idea | 10/25/17 |
Poast new message in this thread
Date: October 23rd, 2017 5:11 PM Author: soul-stirring alcoholic market how much down payment? (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511269) |
Date: October 23rd, 2017 5:11 PM Author: Bonkers grizzly fortuitous meteor $100k (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511270) |
 |
Date: October 23rd, 2017 5:14 PM Author: soul-stirring alcoholic market wow! neat! (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511303) |
|
Date: October 23rd, 2017 5:16 PM Author: heady messiness assume 20% down which is standard
$800,000 mortgage @ 4% 30 year fixed (you can probably get better than this rate) = $3,819/month P&I. + property taxes of 1.25% (assume you live in CA) so $12,500 + insurance let's say $3,000. + utilities let's say $400/month.
= $66,128 / year. the mortgage interest will be deductible but most of that you will be paying for with after tax $$.
you need to make minimum $200k.
btw a million dollar house in CA is like buying a cardboard box today. |
|
Date: October 23rd, 2017 5:21 PM Author: slimy meetinghouse taking an 800k mortgage is insane (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511373) |
|
Date: October 23rd, 2017 5:22 PM Author: Adventurous Brethren Trailer Park why? it all depends (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511381) |
|
Date: October 23rd, 2017 5:22 PM Author: heady messiness has to be done if you're in CA/NYC. even then you're buying a shithole. (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511382) |
|
Date: October 25th, 2017 10:33 PM Author: soul-stirring alcoholic market $200k is like $8k per month. You'd need to spend $5.5k on the mortgage. Seems wrong bro. (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34529591) |
|
Date: October 25th, 2017 10:35 PM Author: honey-headed motley ratface lol how is 200k 8k a month (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34529604) |
|
Date: October 25th, 2017 10:37 PM Author: soul-stirring alcoholic market ~100/12 (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34529619) |
|
Date: October 25th, 2017 10:38 PM Author: milky dashing marketing idea nobody pays 50% tax at that income level. (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34529632) |
|
Date: October 23rd, 2017 5:17 PM Author: spectacular ticket booth I thought xo wisdom was never.youll never have enough. You need to become a NEET wizard and live in a trailer.
|
|
Date: October 23rd, 2017 5:18 PM Author: poppy famous landscape painting $1 million & $1 million downs payment (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34511351) |
|
Date: October 25th, 2017 10:36 PM Author: stimulating indian lodge nowag $100 million (http://www.autoadmit.com/thread.php?thread_id=3772622&forum_id=2#34529612) |
|
Date: October 25th, 2017 10:39 PM Author: milky dashing marketing idea you should make around 300K a year to live comfortably.
this varies based on taxes, insurance, and other fees.
but assuming a monthly payment of $5000-5500 you really should make 300K plus. |