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Is it completely retarded to spend 35% of monthly take-home on a nice ass house?
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Date: July 18th, 2026 6:39 PM Author: Vengeful Sandwich House is dope as hell, 5 beds 3 full baths and one half, 3 car garage, 1/2 acre lot in 10/10 school district but that's a hell of a lot of money. I'd need to do 33% down and maybe buy a point at closing to make it barely fit the budget, but it's pretty turnkey and wouldn't need much long term (newer roof, windows, veddy nicely finished basement and like a 100k deck/kitchen/pagoda with a fuckin TV) (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008854) |
Date: July 18th, 2026 6:51 PM Author: 180 outnumbered gas station depends on what you value and how secure your income stream is. i think as a general matter a third is the pretty standard recommended limit for housing, so you're not really pushing it at all here. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008871) |
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Date: July 18th, 2026 7:21 PM Author: Vengeful Sandwich The trick is I just, just started a job with base + commission. I have an 18 month guarantee but I think I'm going to blow right through it in my first quarter, the person I'm replacing retired and left me with a gigantic pipeline. My worry is it's tied to specifically the US domestic auto industry which might be a bit scary in the near future, and my wife and I are going to form babby next week.
Also I thought 1/3 takehome rule of thumb was total housing cost including utilities and maybe some repair reserve |
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Date: July 18th, 2026 7:25 PM Author: 180 outnumbered gas station hmm i'd be nervous about a new job and baby. you might really need that downpayment money. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008925) |
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Date: July 18th, 2026 7:35 PM Author: Vengeful Sandwich It's a big promotion in the same company I have been at for over 10 years, not brand brand new at least. Also my boss and the CEO are on my team, I can count on them if shit gets sticky. Also I could keep about 6 months of emergency fund... (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008935) |
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Date: July 18th, 2026 8:07 PM Author: 180 outnumbered gas station go for it then. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008966) |
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Date: July 18th, 2026 6:55 PM Author: carnelian institution goyim Take home pay? Yeah go for it (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008880) |
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Date: July 18th, 2026 7:23 PM Author: Vivacious Rehab Feces ass house (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008919) |
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Date: July 18th, 2026 7:37 PM Author: Vengeful Sandwich ass faggot house (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008939) |
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Date: July 18th, 2026 8:40 PM Author: fragrant hairless kitty cat Ass faggot residence (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009006) |
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Date: July 18th, 2026 8:41 PM Author: Vengeful Sandwich Hello, faggot residence! Ass speaking! (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009013) |
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Date: July 18th, 2026 9:47 PM Author: Vivacious Rehab Feces I imagine this being said in a British accent by this lady https://en.wikipedia.org/wiki/Hyacinth_Bucket (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009119) |
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Date: July 19th, 2026 7:10 AM Author: Vengeful Sandwich (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009518) |
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Date: July 19th, 2026 8:00 AM Author: Abusive business firm hunting ground (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009539) |
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Date: July 18th, 2026 7:23 PM Author: trip clown Yeah just slide and let do (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008921) |
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Date: July 19th, 2026 7:11 AM Author: pearly liquid oxygen (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009520) |
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Date: July 18th, 2026 7:24 PM Author: Sadistic Know-it-all Locale Codepig Feels like a potential One Wrong Move setup. The house sounds great, but you have to try and envision what it’ll feel like 5+ years from now when the new factor is totally gone.
My own view is above a certain size threshold, more house isn’t a great return on investment and doesn’t move the needle as much as you’d want it to based on the cost. |
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Date: July 18th, 2026 7:45 PM Author: trip clown Counterpoint: this guys income doubles and then his ONE WRONG MOVE was NOT buying this house (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008946) |
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Date: July 18th, 2026 7:46 PM Author: transparent disturbing patrolman cr, not buying it is basically lighting money on fire (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008948) |
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Date: July 18th, 2026 8:39 PM Author: Vengeful Sandwich Yeah that's why I'm here. There's some unique quirks and features about this particular house that make it good for us, we have toured about 15 in the last week and this was the first unconditional yes for the both of us. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009005) |
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Date: July 18th, 2026 7:24 PM Author: Henna irradiated principal's office laser beams POWERGOY ALERT (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50008924) |
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Date: July 20th, 2026 7:57 AM Author: Karlbark (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011426) |
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Date: July 18th, 2026 8:15 PM Author: Disgusting Ocher Casino Aren’t you Low Income? So like a $3k mortgage?
Also aren’t you an Engineer? If you get fired just find new shit to Engineer. It’s not like you’re a Fake Job Guy who’s fucked if he loses his sinecure.
If ITE2 hits btw you’ll probably be able to refinance at a lower rate btw |
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Date: July 19th, 2026 8:12 AM Author: umber titillating trust fund You seem confused champ (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009551) |
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Date: July 18th, 2026 8:15 PM Author: Thriller indian lodge i wouldn't be comfortable with that, but i am probably an outlier. our mortgage is $2700/mo and take-home monthly is like $57k this year. we got this place when monthly take-home was probably $10k, and even then i guess it was a bit low.
what's your age, and how much $$$ do you have socked away for retirement and in investments. that would make a big difference for me. if you're like 35-40 and have $500k in 401ks and can still put away a decent amount, the house is fine. if not, i'd think very carefully before doing it. |
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Date: July 18th, 2026 8:31 PM Author: Sadistic Know-it-all Locale Codepig I am similar to you in this regard, though my average month isn’t quite that at the moment.
The peace of mind of having a decent house in a good area without sweating it goes a long long long way for quality of life. Makes it easier to take Big Swings as well. |
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Date: July 18th, 2026 8:40 PM Author: Thriller indian lodge yea, my income went way up as of this year; the last several years i made like $350k but last year, i made around $550k. this year is $650 (due to my origination bonus from last year being paid to me this feb). next year, i am going to be in the equity partnership and given my numbers it looks like i'll be given a % of the firm that will equate to $800k or so (maybe up to $900). even still, i am not even thinking about upgrading houses. i'm going to try to max out the $70k or whatever i can put into the firm retirement plan and plow an additional $300k per year into investments. do that for like 3 years and maybe go part time or something.
fuck being house poor. |
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Date: July 18th, 2026 8:53 PM Author: Sadistic Know-it-all Locale Codepig This is how you maek it. Well done!! (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009032) |
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Date: July 18th, 2026 9:53 PM Author: Embarrassed To The Bone Friendly Grandma Chad how is your take home 57k a month based on those numbers? You need to be making like a million a year minimum for that kind of take home. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009128) |
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Date: July 20th, 2026 8:58 AM Author: little ball of Hebraic rage ((zurich is stained)) i'm literally retarded, no idea where that number came from. it's around $36-37k (gross hhi this year will be $760k). next year, it should be low $50s per month. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011505) |
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Date: July 18th, 2026 8:37 PM Author: Vengeful Sandwich Very funny, you described us to a T. I have been in my current home 12 years with an $800/mo mortgage, we're 34 and 36 and have just shy of $500k combined in Roth IRAs and 401ks. Our post-purchase budget would continue to max both account types after closing. I have a company car (insurance and gas are free too), wife's car is a 2020 that we paid off in a year and a half and should last at least 5 more years while we sock away money for the replacement.
I have $150k cash on hand and around $200k in equity in the current house, would probably put down $200k half cash half interest only HELOC on current to move out so we don't have to stage it with a new babbyd00d. If stuff gets real tight, we have 2 other rentals we could sell and plow the profits into recasting the mortgage or doing a cash-in refinance if rates drop. |
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Date: July 18th, 2026 8:41 PM Author: Thriller indian lodge what's your income? you're probably good to do this if you really want the house. i'd be pretty on the fence, but that's just me. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009011) |
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Date: July 18th, 2026 8:47 PM Author: Vengeful Sandwich $200k combined gross of W2s plus another couple grand net on rentals. Exactly why it's a torturous decision, the numbers are very tight. I kind of need pressure to succeed, so maybe this gets me to grind that extra 1% harder to really crush it at work. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009021) |
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Date: July 18th, 2026 8:48 PM Author: Thriller indian lodge hmmm. i wouldn't do it but i'm unreasonably opposed to having a high mortgage for some odd reason (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009024) |
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Date: July 18th, 2026 8:52 PM Author: Sadistic Know-it-all Locale Codepig What if your wife wants to stop working after having the baby? Or if not, gotta think about childcare costs.
As sick as this house is, it won’t be the last nice one to come along. |
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Date: July 18th, 2026 8:40 PM Author: contagious awkward legal warrant i don't even know what my take-home pay is (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009008) |
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Date: July 18th, 2026 8:42 PM Author: Thriller indian lodge how much do u make per hour (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009014) |
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Date: July 18th, 2026 8:52 PM Author: gay school cafeteria (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009031) |
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Date: July 18th, 2026 9:14 PM Author: contagious awkward legal warrant i don't know that either. the way they pay me is too confusing (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009064) |
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Date: July 18th, 2026 9:57 PM Author: jade fortuitous meteor cruise ship (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009134) |
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Date: July 19th, 2026 11:02 AM Author: Thriller indian lodge 180 (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009770) |
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Date: July 18th, 2026 8:54 PM Author: gay school cafeteria 35% of your income of $X highly depends on what the X is. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009035) |
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Date: July 18th, 2026 9:57 PM Author: jade fortuitous meteor cruise ship If you can afford to put 1/3 down then go for it. Worst case scenario you have to sell and lose a bunch of money, but you’re not ruined. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009133) |
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Date: July 18th, 2026 10:04 PM Author: Vengeful Sandwich That's what the current seller is doing, he bought for 7 and got transferred out of state 2 years later and listed for 6 after putting at least 50k into it. They have objectively awful design taste but I'm down to peel off some wallpaper and tile the bathrooms myself to snag this place on a discount. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009155) |
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Date: July 18th, 2026 11:14 PM Author: gay school cafeteria million? (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009286) |
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Date: July 19th, 2026 10:53 AM Author: Disgusting Ocher Casino he's Low Income. $600,000k (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009745) |
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Date: July 19th, 2026 11:25 AM Author: Vengeful Sandwich do u think I can qualify for SNAP and TANF? (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50009792) |
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Date: July 19th, 2026 7:20 PM Author: cowgod I really don't think you should worry, do the math on a 3.5% rate versus whatever it is now and what that would do to your monthly payment. Assume if you get fired that rates will be lower. Engineers can just find jobs nbd imho. If the entire economy is Ruined, rates will be lower. If it's just You that's Ruined, then become Homeless and drink all day.
The only thing that gives me pause itt is you being like "my boss and the CEO have my back." no "CEO" has anyone's back, ever. If anything you buying the House is their trigger to be like, "time to Reassign him and make an Indian or a Woman his boss. He's trapped 😏," or some evil nonsense
Also it's not the purchase price that gets you necessarily it's the proportionately higher insurance, property tax, HVAC, and a Roof costing like $40,000k to replace instead of whatever. all of that is the straw that broke disco fries' proverbial back imo. |
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Date: July 19th, 2026 7:03 PM Author: Emotionally + Physically Abusive Ex-Husband (oppose bitchbois) 600K?? Why doesn't he just write a check and forget about it? (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50010777) |
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Date: July 19th, 2026 7:12 PM Author: .,.,.,.,.,...,.,,.,,.....,.,..,.,,...,.,.,,...,. lol cr. This is retarded to fret over |
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Date: July 20th, 2026 7:54 AM Author: lfo Brother I think this is 180 but just a few thoughts from long time & many time homeownermo. The good is that location fucking matters and if you're happy take that first and foremost. Additionally "value" will increase so think about cost locked in right now and FOMO for future, there's value. The two things to watch are taxes/insurance and improvement costs. On taxes/insurance, can you afford if those 2x in 5 years? That should be your baseline assumption, because everything is insane right now with inflation, climate risks, insurance greed, Boomer upgrading prices, you name it it's shit. So just price that in. If you're comfortable, great. Even if you think the house is in "great shape" do you have 10% of home's value to spend on repairs in next 2 years? Bank that in, assume major shit is going down because the owner has lied about the furnace or the stove or the plumbing or something. "Nice windows" lol okay brother, just pepper thy angus. IF YOU CAN DO those two cost things, you're fine, slide and let do. |
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Date: July 20th, 2026 8:08 AM Author: cowgod He’s not afraid of all that, he’s worried about ITE2 lol. Gen Xers received unemployment checks for 99 weeks iirc. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011449) |
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Date: July 20th, 2026 8:56 AM Author: Giant Naked Hitler (hitler did nothing wrong) Taxes are capped by state law at no more than 5% increase per year or CPI (whichever is lower) We need to genocide boomers because they would be much lower if they followed the market. Insurance is a big one, good thing to call out. I don't think it 2x but I should be OK if that happens. Windows I called out because the 2 story windows in the living room cost a lot to replace if they go bad and these ones are new.
I'm a known prole goy Mr Fix It, the only stuff I don't touch is roofs over 2 stories and gas work (beyond hooking up a water tank or a stove obvs) due to risk. Everything else I can DIY. |
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Date: July 20th, 2026 9:01 AM Author: lfo Cool brother. I don't anticipate insurance 2x in 5 years either but the point is just to plan for worst case scenarios. I agree we must genocide Boomers. And cool on DIY, brother, I can do basic shit but I have never invested to do the real work. (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011510) |
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Date: July 20th, 2026 9:00 AM Author: pennis Whatever you decide, be sure to tip your Realtor (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011507) |
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Date: July 20th, 2026 9:01 AM Author: Giant Naked Hitler (hitler did nothing wrong) brother I'm not just gonna give her just the tip (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011512) |
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Date: July 20th, 2026 9:01 AM Author: Ass Sunstein People who live in ass houses (http://www.autoadmit.com/thread.php?thread_id=5883982&forum_id=2ﾃ｢竄ï½���„1¤77PHPSESSID=3d8e678aec504db068978830e992758d#50011511) |