How much is your TC and mortgage/rent ?

Microsoft staryeye
May 12 23 Comments

TC - 300K
Mortgage - $2100 / mo
Thinking of buying another condo for which mortgage would be $4K /mo

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TOP 23 Comments
  • Boeing ayoj796
    TC 74k
    Rent 675$ a month in Seattle suburbs
    May 12 3
    • Google GCPCE
      That’s an amazing deal, $675 is cheap even for Tacoma.
      May 12
    • New hqWe60
      for the closet or the cardboard box outside the house?
      May 12
    • Boeing ayoj796
      Live in a house with 4 roommates
      May 12
  • Zillow Group di62ks7
    TC $350k
    Mortgage/tax/insurance: 4500 for a nice ass place in the east bay.
    May 12 0
  • Bank of America cncr
    TC 145k
    Mortgage 1950
    Mass, not Boston
    May 12 0
  • Google toxicity12
    what was downpayment
    May 12 0
  • New / Eng ggg1
    TC - 250K
    Rent - 1.5K
    Walking distance to work, but way underpaid. Thinking about leaving.
    May 12 0
  • Google / Sales cheers🥃
    HH TC: $420k ($35k/mo)
    Mortg/PropTax/Ins: $3.5k/mo

    But we pay add’l $2k/mo principal and plan to have mortg paid off in 11 yrs, to save $120k in total interest compared to remaining 24 yrs on standard mortg pmts ... plus of course only having to pay PropTax portion in yrs 11+ and make FIRE more feasible
    May 12 6
    • Google / Sales cheers🥃
      We’re also planning to do that as well, with down payment from existing savings and cashflowing rent to pay rental property mortgage. But definitely *not* in CA ... and then just have a property manager as part of the investment overhead expense
      May 12
    • Netflix / Eng notanenemy
      How big/expensive investment property are u planning to buy and where, if you don’t mind me asking
      May 12
    • Google / Sales cheers🥃
      Excluding primary residence, we’re willing to diversify 15% of remaining investment portfolio, so $260K. We plan to pay at least 30% down payment since that’s what lenders expect for an investment property (non-primary residence). We’re looking at SFH in growth cities outside CA (still researching)
      May 12
    • Netflix / Eng notanenemy
      Welp if you have 1.5M in your portfolio then sure. I got a few hundred thousands and I am not willing to take a big mortgage even though my salary is 300k TC all cash. Thanks for sharing though. I plan to buy in republican states like Texas where economy is booming, rather than take chances in CA or WA. What is SFH?
      May 12
    • Google / Sales cheers🥃
      Single Family Home (vs MF, which are Multi Family - typically apartments)
      May 12
  • Microsoft / Eng OpenForJB
    TC 720k
    Rental income per month 2200
    mortgage/insurance/tax per month: 5000
    May 12 1
    • Boeing ayoj796
      Damm what level are you at MS
      May 12
  • Facebook phplol
    TC $500K
    Rent $6800
    May 12 1
    • Amazon dighit
      What do you rent for $6800?
      May 12
  • Apple shdhdhdj
    Tc 230
    Mortgage 3000
    May 12 0
  • LinkedIn tarth
    TC 355K, HH 800K
    PITI 5k per month lame ass place in the bay area
    May 12 0
  • Facebook 6dhriJ
    TC: 250k
    Rent: 1.6k

    Want fewer roommates, but the price is right.
    May 12 0
  • TC - 250k
    Rent - 2800
    May 12 0