What percentage is housing?
Find a Conversation
What percentage is housing?
| Mon, 07-11-2005 - 1:13pm |
I have come to realize that I think are housing (mortgage) is a really high payment for our income. Its 48% of our monthly income.
Anyone else that has a high rent or mortage percentage?


My rent is 24% of my take home pay. I am planning to buy a townhome at the end of the year, and the mortgage will likely be 43% of my take home pay (plus whatever the association fees are). That seems high, but right now the combination of rent plus dd's daycare is 47% of my take home pay so I think I'll be okay (dd will go to public school when I move, saving me lots of cash that I plan to give a mortgage lender every month instead).