After taxes and deductions Tc : 190k Yoe : 6
House poor- ~60% of base
Don't you get a lot of stocks? So 60% of base actually seems ok to me
40% after deductions
1.4% for primary home = $2700 for $500k 30yr mortgage fixed at 2.6% 3% for a second property that is a house to demo and build on = $6000 for $800k 30yr mortgage fixed at 3.4%. So total is 4.4% of net HHI
$8700 is 4.4% of your HHI? ๐ฏAre you a VP?
So basically you are toying with the bank. You can pay off the loan with less than one year of pay.
1 weeks pay = mortgage
~20% of my base after taxes and deductions. My companies stock and wifeโs salary all gets thrown into index funds
This guy invests
Gross or net? 13.3% of gross TC splitting with partner
<20% of base take home
18% of Household Base pay after taxes.
Wow you guys managing a mortgage in 20% of the after tax pay. Everyone seems pretty rich here. Any poor folks here who can't afford houses?
You work for Google. At what point did you consider yourself poor?
Assuming mortgage is around 7k per month. If that is 20%, are people getting $35k post tax income per month ๐ฏ๐ฏ Wow. My take home is like $8k. I guess that's poor relative to most other people on this app.
~20% *Because I bought a house I could actually afford, instead of leveraging myself to death.
Then i cant afford a home ๐. Should i just continue renting until I get married?