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Minimum household income for $1.5 million house assuming $30k in property taxes
| Vigorous Messiness Shrine | 05/01/25 |
| copper bipolar immigrant | 05/01/25 |
| Glittery Walnut Field Puppy | 05/01/25 |
| avocado harsh fortuitous meteor scourge upon the earth | 05/01/25 |
| Floppy Primrose School Cafeteria | 05/01/25 |
| nudist mood | 05/01/25 |
| brindle piazza marketing idea | 05/01/25 |
| Deranged drunken hairy legs | 05/01/25 |
| brindle piazza marketing idea | 05/01/25 |
| Deranged drunken hairy legs | 05/01/25 |
| brindle piazza marketing idea | 05/01/25 |
| Deranged drunken hairy legs | 05/01/25 |
| cordovan appetizing theatre | 05/02/25 |
| Violent razzle range pisswyrm | 05/01/25 |
| cordovan appetizing theatre | 05/01/25 |
| Maniacal Depressive Hall | 05/01/25 |
| Stirring theater stage | 05/01/25 |
| Maniacal Depressive Hall | 05/01/25 |
| Hairraiser Black Woman Property | 05/01/25 |
| Stirring theater stage | 05/01/25 |
| cordovan appetizing theatre | 05/01/25 |
| Well-lubricated idiotic friendly grandma | 05/01/25 |
| cordovan appetizing theatre | 05/01/25 |
| Big Fuchsia Ladyboy | 05/01/25 |
| Salmon out-of-control old irish cottage knife | 05/01/25 |
| avocado harsh fortuitous meteor scourge upon the earth | 05/02/25 |
| Big Fuchsia Ladyboy | 05/02/25 |
| Salmon out-of-control old irish cottage knife | 05/03/25 |
| magical kitchen laser beams | 05/01/25 |
| Stirring theater stage | 05/01/25 |
| magical kitchen laser beams | 05/01/25 |
| Crimson elite public bath jew | 05/01/25 |
| cordovan appetizing theatre | 05/01/25 |
| Excitant selfie party of the first part | 05/01/25 |
| Floppy Primrose School Cafeteria | 05/01/25 |
Poast new message in this thread
Date: May 1st, 2025 9:40 AM Author: Vigorous Messiness Shrine and HOA fees annually. About to pull the trigger on this golf course property.... Property tax + golf course HOA = $32k per year. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895935) |
Date: May 1st, 2025 9:44 AM Author: copper bipolar immigrant $800k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895939) |
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Date: May 1st, 2025 9:44 AM Author: Glittery Walnut Field Puppy 500k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895940) |
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Date: May 1st, 2025 9:45 AM Author: avocado harsh fortuitous meteor scourge upon the earth $300k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895943) |
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Date: May 1st, 2025 9:48 AM Author: Floppy Primrose School Cafeteria 200k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895946) |
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Date: May 1st, 2025 9:49 AM Author: nudist mood How much is P&I on the mortgage? (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895954) |
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Date: May 1st, 2025 9:52 AM Author: brindle piazza marketing idea hoa of 32k is killself level so just enough to buy a gun and end it all (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895961) |
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Date: May 1st, 2025 9:54 AM Author: Deranged drunken hairy legs HOA is $2k, tax is $30k.
In any event, double gross income is safe so $750k |
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Date: May 1st, 2025 9:55 AM Author: brindle piazza marketing idea are you living on a golf course in nj or ca? (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48895969) |
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Date: May 1st, 2025 1:07 PM Author: Deranged drunken hairy legs I live above the interstate. Reread the initial post. $32k all in, not $32k HOA. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896395) |
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Date: May 1st, 2025 2:36 PM Author: brindle piazza marketing idea k i see youre not op but 2% is a lot for ptaxes (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896643) |
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Date: May 1st, 2025 5:16 PM Author: Deranged drunken hairy legs Depends on where you are …. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897101) |
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Date: May 2nd, 2025 11:20 AM Author: cordovan appetizing theatre It is shit but it is the norm in some places... Fortunately those places are easily avoided
Lol @ paying 30k annually for boomer pensions, I couldn't look at myself in the mirror |
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Date: May 1st, 2025 3:57 PM Author: Violent razzle range pisswyrm Uh... why are you answering as though you're the OP?
Drunkard = Are Reptile?
Lmao wow |
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Date: May 1st, 2025 6:07 PM Author: cordovan appetizing theatre He was just summarizing what he could clean from the thread title (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897237) |
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Date: May 1st, 2025 1:08 PM Author: Maniacal Depressive Hall Shouldn’t buy more than 4x or 5x one’s gross income is the rule of thumb
So 300-400k |
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Date: May 1st, 2025 1:11 PM Author: Stirring theater stage the "rule of thumb" is more like 2.5-3x gross income (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896411) |
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Date: May 1st, 2025 2:42 PM Author: Maniacal Depressive Hall 2. The 28% rule If you’re following this general rule, you shouldn’t spend more than 28% of your gross income (what you take home before taxes) on your mortgage payment (principal and interest).
Example: If your household income is $100,000, then you can afford to spend around $2,300 on your mortgage principal and interest per month; with these numbers, and assuming you have good credit (a score of 680+) and 6.7% for a down payment, then you should be looking at homes priced around $450,000.
https://www.homelight.com/blog/buyer-how-much-house-can-i-afford-rule-of-thumb/ |
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Date: May 1st, 2025 2:43 PM Author: Hairraiser Black Woman Property (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896660) |
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Date: May 1st, 2025 2:47 PM Author: Stirring theater stage lmao (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896674) |
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Date: May 1st, 2025 4:57 PM Author: cordovan appetizing theatre Seems ruinous (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897066) |
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Date: May 1st, 2025 2:55 PM Author: Well-lubricated idiotic friendly grandma Net worth? Down payment? Being "house poor" would be rough, and you risk falling into foreclosure if you cut it too close on income and get behind on mortgage payments.
If you have 7 figures invested (you wouldn't be asking if you had more than that invested), you (a) don't need to save as much, as you should earn $100k+ each year in investment growth, and (b) don't have to worry about foreclosure nearly as much.
Assuming you're putting 20% down and looking at something like $10k/month PITI + HOA, I'd say you need $350k HHI if you have good savings/investments, $500k HHI (and good job security) if you don't.
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Date: May 1st, 2025 2:55 PM Author: cordovan appetizing theatre jfc @ 30k/year in property taxes ljl (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896702) |
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Date: May 1st, 2025 2:56 PM Author: Big Fuchsia Ladyboy Wife is trying to get me to buy a $1.3M house with a $27k tax bill without selling our current house which would be converted to a 2 unit rental.
cr? |
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Date: May 1st, 2025 2:57 PM Author: Salmon out-of-control old irish cottage knife Convert your wife to a rental (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896709) |
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Date: May 2nd, 2025 10:42 AM Author: avocado harsh fortuitous meteor scourge upon the earth Actually don’t. Bc his luck she will make $1 million on OF and say “see how easy it is to make money? You’re a loser! I’m leaving you for a Tall man on a yacht!” (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48898613) |
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Date: May 2nd, 2025 10:53 AM Author: Big Fuchsia Ladyboy i'm actually not known for having bad luck. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48898637) |
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Date: May 3rd, 2025 12:12 AM Author: Salmon out-of-control old irish cottage knife good riddance (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48900612) |
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Date: May 1st, 2025 3:02 PM Author: magical kitchen laser beams The problem is the $30k property taxes. At least with RE you can justify it bc it’s an “asset.” $30k is Ruinous. Like 20% of OYT’s net worth. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896722) |
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Date: May 1st, 2025 3:21 PM Author: Stirring theater stage shut the hell up loser (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896771) |
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Date: May 1st, 2025 3:49 PM Author: magical kitchen laser beams Just stating facts, champ. (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896852) |
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Date: May 1st, 2025 3:11 PM Author: Crimson elite public bath jew I thought you were pretending to live in Florida these days. The only places with 2% property taxes are Illinois, NJ, and Texas. So enjoy New Jersey! (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48896750) |
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Date: May 1st, 2025 4:53 PM Author: cordovan appetizing theatre Lol @ living anywhere that charges this outrageous property TTTax raTTTe (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897056) |
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Date: May 1st, 2025 4:58 PM Author: Excitant selfie party of the first part Same hypo, but only $5k in taxes. Minimum HHI? (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897068) |
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Date: May 1st, 2025 5:18 PM Author: Floppy Primrose School Cafeteria 150k (http://www.autoadmit.com/thread.php?thread_id=5719200&forum_id=2#48897105) |