GoFuckYourself.com - Adult Webmaster Forum - View Single Post - What income would you want before buying a $500k house?

KRL · 10-31-2004, 03:02 PM

Traditionally your mortgage payment should be approx 1/3rd of your income.

If you put down $100,000 your mortgage would be $400K. Ona 5.25% 30 yr fixed your payment would be around $2,200. Depending where you live figure in your property tax, and the other costs and I'd say you should be making around $150K to afford it comfortably.

10-31-2004, 03:02 PM
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Traditionally your mortgage payment should be approx 1/3rd of your income. If you put down $100,000 your mortgage would be $400K. Ona 5.25% 30 yr fixed your payment would be around $2,200. Depending where you live figure in your property tax, and the other costs and I'd say you should be making around $150K to afford it comfortably. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains