What's your income and how much do you spend on rent / mortgage + ownership expenses?

How what would be the most you're willing to spend (monthly) on housing?

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$160k TC, $1,157 monthly housing expenses (mortgage including taxes & insurance $945 plus $212 HOA dues). I could easily afford $3,000 per month, but I’d have a 5 bedroom house for just me! So I’m content with my place, still a lot of room for one person.

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1800 sq ft, 2 bed 2 bath townhouse.

$265k HHI; mortgage is $1,500, with other household expenses about $500 on average.

3br/2ba rancher in the Philly suburbs.

Eventually we'll need a bigger place if I'm still working mainly from home, but it works for now. Child care is $2.5k and going to go up to $3k monthly in Q2.

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I'm out in the West Chester / Malvern area

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HHI is likely to be $450-500k

We own our house which is $550k but our mortgage was previously $2k.

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HHI about 350 + 100 to 150 in bonus. Mortgage is 3900 in HCOL area like NJ

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HHI similar to above in the 500-600k range - rent is ~3.5k

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110k TC, $1600 monthly for rent + utilities

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Income: 420k~

Rent: 6.1k/month. New gf might move in.. not sure if I should ask her to pay rent. She can’t afford 3k/month. Open to suggestions.

Most I would spend: 6.1k, lol

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I think paying proportional to income is the best option by far in that situation

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HHI of $550k and we spend $45k on housing expenses. The key is to take advantage of both historically low interest rates and non-recourse debt state laws

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HHI is $250k and my mortgage is $1,200. Most I would spend is $2k.

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HHI $161k in DC. Current mortgage $2,700 previous home was $1,800. This is my max.

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215 HHI 2.8k mortgage

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I think banks look at 30% of gross for qualification of a mortgage. This includes property tax, insurance, utilities etc

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Generally it’s based on total loan-to-value and up to 43% will get you qualified. Utilities are not included, just debt, real estate taxes, homeowners insurance, flood insurance, and HOA dues.

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HHI: ~500k CAD
Mortgage: 3700 CAD. Would cap at 4k at current income.

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About $175k between both my husband and I and roughly $2500/month on our mortgage (in Boulder, CO, if that helps). I'm not sure what our max would be, the way the housing market is right now.

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Including investment gains, >$1m/year

I got fired from McK (not ethics) and haven't found subsequent employment so that's mostly from trading/holding crypto.

I pay $3k/month in rent for a high rise studio overlooking the ocean in Los Angeles. I'm single, it's just me.

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Haha nice

HHI likely somewhere 400k-500k for 2022. Fully loaded housing is ~4500 monthly. But we bought this place when HHI was ~300k so it was a bit closer to our limit then but very easy now. Limit today if we did upgrade: ~7k

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Where are my big spenders at? Anyone dropping 5-10k on rent / mortgage?

Our current mortgage (PITI) is 7k and when we bought 5 yrs ago, TC was about 300k. Those numbers should make you feel good. If we bought same house today PITI would be closer to 12k/mo, and we are now at 450k TC.

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$140k base and $1,100 mortgage + HOA in Chicago

HHI: ~250k
Mortgage (3x2, Chicago) + house expense: $3.2k
Max: 3.5k

$135k $1500 plus ~$100 for utilities and insurance

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